Monday 23 May 2016

Cox and Kings slumps 5% after Q4 net loss

The company posted a net profit/(loss) after tax of Rs. (3055.378) mn for the quarter ended March 31, 2016 as compared to net profit of Rs. 645.688 mn for the quarter ended March 31, 2015.

Cox and Kings Ltd stock was lower by 5% at Rs.165.The company posted a net profit/(loss) after tax of Rs. (3055.378) mn for the quarter ended March 31, 2016 as compared to net profit of Rs. 645.688 mn for the quarter ended March 31, 2015. 

Total Income has decreased from Rs. 5021.095 million for the quarter ended March 31, 2015 to Rs. 4827.165 mn for the quarter ended March 31, 2016.

The scrip opened at Rs. 170 and has touched a high and low of Rs. 171.95 and Rs. 160 respectively. So far 199746(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2948.62 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 317 on 05-Aug-2015 and a 52 week low of Rs. 140.5 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs. 186.4 and Rs. 172.1 respectively.

The promoters holding in the company stood at 49.06 % while Institutions and Non-Institutions held 35.2 % and 15.74 % respectively.

The stock is currently trading below its 200 DMA.

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