Sunday, May 11, 2008

Kirloskar Pneumatic wins new order

Kirloskar Pneumatic Company was down 0.69% to Rs 425.50 at 14:55 IST on BSE, off session’s low of Rs 415.65 on bagging an order worth Rs 80 crore from Cochin Shipyard for supply of air conditioning plant for a prestigious ship.

The stock hit a high of Rs 425.50 so far during the day. The stock had a 52-week high of Rs 814.70 on 31 December 2007 and a 52-week low of Rs 350 on 9 April 2008.

The company’s current equity is Rs 12.84 crore. Face value per share is Rs 10.

The current price of Rs 425.50 discounts its Q4 March 2008 annualised EPS of Rs 62.34, by a PE multiple of 6.83.

The total order book of the company has crossed Rs 500 crore mark.

Kirloskar Pneumatic Company’s net profit rose 7% to Rs 20.01 crore on 0.4% rise in net sales to Rs 169.90 crore in Q4 March 2008 over Q4 March 2007.

The company is engaged in manufacturing and providing engineering solutions. The group operates in two segments - compression systems and transmission equipments.

No comments: