Monday 30 November 2015

BF Utilities gains 7% on Q2 earnings

The company posted a net profit of Rs. 614.655 mn for the year ended September 30, 2015 as compared to net loss of Rs. (520.690) mn for the year ended September 30, 2014.


BF Utilities stock was higher by 8% at Rs. 617.The company posted a net profit of Rs. 614.655 mn for the year ended September 30, 2015 as compared to net loss of Rs. (520.690) mn for the year ended September 30, 2014.

Total Income has increased from Rs. 2467.208 mn for the year ended September 30, 2014 to Rs. 5221.227 million for the year ended September 30, 2015.

The scrip opened at Rs. 592 and has touched a high and low of Rs. 623.5 and Rs. 592 respectively. So far 1641081(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2163.57 crore.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 890 on 10-Mar-2015 and a 52 week low of Rs. 437.05 on 17-Dec-2014. Last one week high and low of the scrip stood at Rs. 588.5 and Rs. 569 respectively.
The promoters holding in the company stood at 65.64 % while Institutions and Non-Institutions held 0.59 % and 33.77 % respectively.
The stock is currently trading below its 200 DMA.

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