Excel Crop Care spurts as bottomline turns to green from red

Excel Crop Care soared 9.74% to Rs 118.35 at 14:39 IST on BSE after the firm reported net profit of Rs 3.34 crore in Q4 March 2008 as against net loss of Rs 0.94 crore in Q4 March 2007.

The stock hit a high of Rs 119 and a low of Rs 110 so far during the day. The stock had a 52-week high of Rs 170 on 1 January 2008 and a 52-week low of Rs 86.50 on 9 May 2007.

The small-cap agrochemicals maker has an equity capital of Rs 5.50 crore. Face value per share is Rs 5. The current price of Rs 118.35 discounts its Q4 March 2008 annualised EPS of Rs 12.15, by a PE multiple of 9.74.

Sales rose 21.8% to Rs 121.28 crore in Q4 March 2008 over Q4 March 2007.

Excel Crop Care is engaged in manufacture and trading of pesticides.