XL Telecom & Energy declined 5.84% to Rs 192.50 at 12:16 IST on BSE even as the company said it has received an export order worth Rs 153.90 crore from Power Utility Company, Europe for the supply of solar panels to the European market.
The company made this announcement during trading hours today,
The stock hit a high of Rs 211.80 and a low of Rs 186.50 so far during the day. The stock had a 52-week high of Rs 595 on
The company’s current equity is Rs 17.48 crore. Face value per share is Rs 10.
The current price of Rs 192.50 discounts its Q2 December 2007 annualized EPS of Rs 23.89, by a PE multiple of 8.06.
XL Telecom & Energy said its total outstanding order book for the export of solar panels stands at more than Rs 675 crore.
In February 2008, the company secured an export order worth Rs 234 crore for the supply of solar panels to the European market.
XL Telecom & Energy’s net profit rose 55.2% to Rs 8.66 crore on 16.7% growth in net sales to Rs 150.45 in Q2 December 2007 over Q2 December 2006.
The company provides telecommunication services. The company manufactures CDMA mobile phones and FWP phones. The company operates through four segments namely CDMA mobile phones, SMPS systems and jointing kits and components. Its customers include Reliance Infocomm, Kyocera, Axesstel,
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