KLG Systel wins new order

KLG Systel rose 0.21% to Rs 609.90 at 11:10 IST on BSE after the company said it has received orders worth Rs 47 crore.

The stock hit a high of Rs 614.80 and a low of Rs 604.70 on so far during the day. The stock had a 52-week high of Rs 1020 on 4 January 2008 and the stock hit a 52-week low of Rs 349.40 on 18 July 2007.

The company’s current equity is Rs 11.70 crore. Face value per share is Rs 10.

The current price of Rs 609.90 discounts its Q3 December 2007 annualised EPS of Rs 63.25, by a PE multiple of 9.64.

With these orders, the company's order book stands at Rs 148 crore. Also the company has been selected as the lowest bidder (L1) for order of Rs 145 crore to be awarded in June 2008.

KLG Systel’s net profit rose 36.36% to Rs 17.14 crore on 61.21% increase in net sales to Rs 92.13 crore in Q3 December 2007 over Q2 September 2007.

The company provides software, information technology solutions and IT enabled services.