Torrent Cables declined 1.6% to Rs 224 at 14:05 IST on BSE on posting 5.02% rise in net profit to Rs 8.04 crore on 6.11% decline in total income to Rs 60.17 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 234.80 and a low of Rs 217.05 so far during the day. The stock had a 52-week high of Rs 440 on
The company’s current equity is Rs 7.5 crore. Face value per share is Rs 10.
The current market price of Rs 224 discounts its Q3 December 2007 annualised EPS of Rs 34.44 by a PE multiple of 6.5.
Torrent Cables manufactures power cables and control cables.
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