California Software setting record date for share split

California Software Company gained 1.01% to Rs 95 at 12:09 IST on BSE on setting record date for a 10-for-1 stock split.

The stock hit a high of Rs 95 and a low of Rs 94.55 so far during the day. The stock had a 52-week high of Rs 107 on 2 January 2008 and the stock hit a 52-week low of Rs 54 on 26 June 2007.

The company’s current equity is Rs 12.36 crore. Face value per share is Rs 1.

The current price of Rs 95 discounts its Q3 December 2007 annualised EPS of Rs 9.70, by a PE multiple of 9.93.

California Software Company has fixed the record date on 4 June 2008 for a stock split of 10-for-1 stock split. California Software Company has fixed 4 June 2008 as record date for stock split. The company announced the record date on Monday, 19 May 2008.

California Software Company’s net profit rose 248.84% to Rs 3 crore on 22.51% increase in net sales to Rs 16.6 crore in Q3 December 2007 over Q2 September 2007.

The company provides technology solutions to industries like energy, education, healthcare, hospitality, high technology and manufacturing. The group operates in three segments, namely, technology solutions, enterprise solutions and commodity solutions.