Tuesday, May 6, 2008

Rayban Sun Optics decent Q1 show

Rayban Sun Optics India gained 2.73% to Rs 79.10 at 12:57 IST on BSE after posting 22.1% rise in net profit to Rs 4.69 crore in Q1 March 2008 over Q1 March 2007.

The stock hit a high of Rs 81.80 and a low of Rs 76.10 so far during the day. The stock had a 52-week high of Rs 142.40 on 17 December 2007 and a 52-week low of Rs 53 on 19 March 2008.

The company’s current equity is Rs 24.48 crore. Face value per share is Rs 10.

The current price of Rs 79.10 discounts its Q1 March 2008 annualised EPS of Rs 7.66, by a PE multiple of 10.33.

Rayban Sun Optics India’s total income rose 30.1% to Rs 23.45 crore in Q1 March 2008 over Q1 March 2007.

The company is engaged in manufacturing and marketing frames and sunglasses.

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