Thursday 11 February 2016

Nava Bharat Q3 PAT dips 28%

The net sales for the quarter stands at Rs. 244.5 as against Rs. 278 crore.


Nava Bharat Ventures Ltd posted results for the thid quarter ended 31st December, 2015.
The net profit for the quarter was at Rs.21.3 crore as against Rs. 29.5 crore.

The net sales for the quarter stands at Rs. 244.5 as against Rs. 278 crore.


Nava Bharat Ventures Ltd is currently trading at Rs. 147.2, down by Rs. 2.6 or 1.74% from its previous closing of Rs. 149.8 on the BSE.

The scrip opened at Rs. 148.6 and has touched a high and low of Rs. 148.6 and Rs. 146.7 respectively. So far 12309(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1337.71 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 203.4 on 13-Apr-2015 and a 52 week low of Rs. 128.15 on 26-Aug-2015. Last one week high and low of the scrip stood at Rs. 155 and Rs. 146.7 respectively.

The promoters holding in the company stood at 44.06 % while Institutions and Non-Institutions held 30.48 % and 23.89 % respectively.

The stock is currently trading above its 50 DMA.

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