Wednesday, May 14, 2008

DCM Shriram Consolidated Turnaround Q4 result

DCM Shriram Consolidated dropped 0.67% to Rs 66.60 at 13:48 IST on BSE despite reporting a net profit of Rs 11.30 crore in Q4 March 2008 as compared to net loss of Rs 14.80 crore in Q4 March 2007.

The stock hit a high of Rs 68.70 and a low of Rs 66 so far during the day. The stock had a 52-week high of Rs 105.80 on 10 January 2008 and the stock hit a 52-week low of Rs 47.50 on 24 March 2008.

The company’s current equity is Rs 33.18 crore. Face value per share is Rs 2.

The current price of Rs 66.60 discounts its Q4 March 2008 annualised EPS of Rs 2.70, by a PE multiple of 24.67.

DCM Shriram Consolidated’s net sales rose 10.5% to Rs 612.70 crore in Q4 March 2008 over Q4 March 2007.

DCM Shriram Consolidated has interests in sugar, farm inputs marketing, PVC resin and chlor-alkali chemicals.

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