Mount Everest Mineral Water Block deal

Mount Everest Mineral Water was locked at upper limit of 10% at Rs 156.50 at 11:22 IST on BSE after 4.91 lakh shares, or 1.44% of company’s equity, changed hands in a block deal at Rs 156.50 per share on BSE.

The stock hit a low of Rs 142.15 so far during the day. The stock had a 52-week high of Rs 204.85 on 8 January 2008 and a 52-week low of Rs 93 on 25 March 2008.

The small-cap manufacturer of mineral water has an equity capital of Rs 34 crore. Face value per share is Rs 10.

Mount Everest Mineral Water reported net loss of Rs 0.55 crore in Q3 December 2007 as against net profit of Rs 0.34 crore in Q3 December 2006. Sales rose 13.9% to Rs 6.80 crore in Q3 December 2007 over Q3 December 2006.

Mount Everest Mineral Water is engaged in manufacture of mineral water (in bottles), PET bottles and in bulk containers with dispensers.