Dwarikesh Sugar Industries flared up 3.71% to Rs 74.15 at 13:57 IST on BSE after the firm reported net profit of Rs 6.38 crore in Q2 March 2008 as compared to net loss of Rs 0.29 crore in Q2 March 2007.
The stock hit a high of Rs 75 and a low of Rs 72.20 so far during the day. The stock had a 52-week high of Rs 129 on
The small-cap sugar manufaturer has an equity capital of Rs 16.31 crore. Face value per share is Rs 10.
The current price of Rs 74.15 discounts its Q2 March 2008 annualised EPS of Rs 15.65, by a PE multiple of 4.73.
Dwarikesh Sugar Industries reported 35.8% rise in sales to Rs 86.65 crore in Q2 March 2008 over Q2 March 2007.
Dwarikesh Sugar manufactures and sells sugar in bulk to wholesalers and agents
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