Omnitech InfoSolutions rose 3.98% to Rs 171 at 11:24 IST on BSE after its board approved raising funds upto $35 million by way of qualified institutional placement, American or global depository receipts or foreign currency convertible bonds.
The stock hit a high of Rs 171.80 and a low of Rs 164 so far during the day. The stock had a 52-week high of Rs 247.20 on
The company’s current equity is Rs 13.14 crore. Face value per share is Rs 10.
The current market price of Rs 171 discounts its Q4 March 2008 annualised EPS of Rs 26.18 by a PE multiple of 6.53.
Omnitech InfoSolutions offers IT solutions and products such as business availability services, business continuity services, systems integration solutions, framework solutions and products.
The company’s net profit rose 11.97% to Rs 8.6 crore on 12.38% rise in sales to Rs 42.1 crore in Q4 March 2008 over Q3 December 2007.
No comments:
Post a Comment