Monday 30 November 2015

Posting net loss! Amtek Auto falls on poor Q4 nos

The company has posted net loss of Rs. 987.1 crore for the year ended September 30, 2015 as compared to net profit of Rs. 848.2 crore for the year ended September 30, 2014.


Amtek
Amtek Auto has slipped 2.5% to Rs. 41.60 on BSE. The company has posted net loss of Rs. 987.1 crore for the year ended September 30, 2015 as compared to net profit of Rs. 848.2 crore for the year ended September 30, 2014.

The scrip opened at Rs. 41.9 and has touched a high and low of Rs. 41.9 and Rs. 40.3 respectively. So far 11,40,898 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 959.71 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 218.4 on 03-Dec-2014 and a 52 week low of Rs. 25.6 on 04-Sep-2015. Last one week high and low of the scrip stood at Rs. 44.9 and Rs. 42.5 respectively.

The promoters holding in the company stood at 49.99 % while Institutions and Non-Institutions held 20.93 % and 29.08 % respectively.

The stock is currently trading above its 200 DMA.

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