Thursday, April 24, 2008

Harita Seating Systems strong Q4 numbers

Harita Seating Systems was locked at upper limit of 5% at Rs 79.30 at 10:38 IST on BSE after the company reported 72% rise in net profit in Q4 March 2008 over Q4 March 2007.

The stock had a 52-week high of Rs 150.75 on 16 November 2007 and a 52-week low of Rs 55.05 on 24 March 2008.

The small-cap automobile seats maker current equity is Rs 7.77 crore. Face value per share is Rs 10.

The current price of Rs 79.30 discounts its Q4 December 2007 annualised EPS of Rs 14.52, by a PE multiple of 5.46.

The net profit of Harita Seating Systems rose 72% to Rs 2.82 crore on 29.9% rise in sales to Rs 54.34 crore in Q4 March 2008 over Q4 March 2007.

The company manufactures automobile seats for cars, jeeps and trucks.

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