Surana Corporation was locked at upper limit of 4.97% to Rs 47.55 at 12:16 IST on BSE on reporting 371.03% surge in net profit to Rs 6.11 crore on 37.44% growth in total income to Rs 619.33 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 47.55 and a low of Rs 47.55 so far during the day. The stock had a 52-week high of Rs 137.10 on
The company’s current equity is Rs 19.36 crore. Face value per share is Rs 10.
The current price of Rs 47.55 discounts its Q3 December 2007 annualised EPS of Rs 9.65, by a PE multiple of 4.92.
Surana Corporation’s net profit rose 91.25% to Rs 20.86 crore on 23.23% fall in total income to Rs 1658.99 crore in the year ended March 2008 over the year ended March 2007.
The company is engaged in manufacturing gold jewellery. It operates in two segments namely bullion and iron & steel.
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