Monday 25 January 2016

Cairn India gains 3%;Q3 net profit at Rs. 8.7 crore

The company posted a net profit of Rs. 86.90 mn for the quarter ended December 31, 2015 as compared to Rs. 13496.40 mn for the quarter ended December 31, 2014.


Cairn India was up 3% at Rs.116 after company posted Q3 results last week.
The company posted a net profit of Rs. 86.90 mn for the quarter ended December 31, 2015 as compared to Rs. 13496.40 mn for the quarter ended December 31, 2014. 

Total Income has decreased from Rs. 40205.70 mn for the quarter ended December 31, 2014 to Rs. 22301.90 million for the quarter ended December 31, 2015.

The scrip opened at Rs. 112.9 and has touched a high and low of Rs. 118.4 and Rs. 112.9 respectively. So far 1922560(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 21167.2 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.5 on 16-Feb-2015 and a 52 week low of Rs. 106.6 on 19-Jan-2016. Last one week high and low of the scrip stood at Rs. 118 and Rs. 106.6 respectively.

The promoters holding in the company stood at 59.88 % while Institutions and Non-Institutions held 26.15 % and 13.97 % respectively.

The stock is currently trading above its 200 DMA.

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