The company reported 32.5% jump in net profit at Rs.47.7 crore for the quarter that ended on December 31, 2015.
The company had reported a net profit of Rs.36 crore for the corresponding quarter last year, it said in a filing to the BSE.
Total income increased by 19.9% to Rs.162.5 crore for the quarter ended Dec. 31, 2015 compared with Rs.135.5 crore in the same period last year.
During the quarter under review, EBITDA were at Rs.60 crore compared with Rs.48 crore.
The company has declared interim dividend of Rs. 5 (250%) per equity share having face value of Rs. 2/- each.
Stock Commentary:
Symphony Ltd is currently trading at Rs. 2228.8, up by Rs. 40.65 or 1.86% from its previous closing of Rs. 2188.15 on the BSE.
The scrip opened at Rs. 2105 and has touched a high and low of Rs. 2317.4 and Rs. 2105 respectively. So far 117421(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 7653.82 crore.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 3270 on 21-Apr-2015 and a 52 week low of Rs. 1649.05 on 13-Aug-2015. Last one week high and low of the scrip stood at Rs. 2231.65 and Rs. 2021 respectively.
The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 11.67 % and 13.33 % respectively.
The stock is currently trading below its 50 DMA
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