Tuesday, April 22, 2008

GVK Power & Infrastructure Robust Q4 result

GVK Power & Infrastructure rose 0.22% to Rs 44.90 at 15:16 IST on BSE on posting 511.78% rise in net profit to Rs 90.85 crore in Q4 March 2008 over Q4 March 2007.

The stock hit a high of Rs 53.55 and a low of Rs 44.65 so far during the day. The stock had a 52-week high of Rs 93.50 on 6 December 2007 and a 52-week low of Rs 31.50 on 26 April 2007.

The company’s current equity is Rs 140.58 crore. Face value per share is Rs 1.

The current price of Rs 44.90 discounts its Q3 December 2007 EPS of Rs 1.01 by a PE multiple of 44.45.

GVK Power & Infrastructure reported 173.34% rise in total income to Rs 117.32 crore in Q4 March 2008 over Q4 March 2007.

GVK Power & Infrastructure had recently split its shares from the Rs 10 per share to Re 1 per share.

The company's principal activity is to operate power plants.

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