Shiv Vani Oil & Gas Exploration Services rose 2.77% to Rs 584 at 11:46 IST on BSE after the firm reported 109.2% rise in net profit in the quarter ended March 2008 over the quarter ended March 2007.
The stock hit a high of Rs 601 and a low of Rs 573 so far during the day. The stock had a 52-week high of Rs 739.95 on
The mid-cap oil exploration services provider has an equity capital of Rs 43.91 crore. Face value per share is Rs 10.
The current price of Rs 584 discounts its March 2008 quarter annualised EPS of Rs 17.52, by a PE multiple of 33.33.
The net profit of Shiv Vani Oil & Gas Exploration Services rose 109.2% to Rs 19.23 crore on 118.4% rise in sales to Rs 137.19 crore in March 2008 quarter over March 2007 quarter. The company has changed its year ending to January-March, from September-December earlier.
Shiv Vani Oil is the largest seismic data operator in
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