California Software Company surged 4.94% to Rs 89.25 at 12:41 IST on BSE after posting 64.64% growth in net profit to Rs 27.33 crore on 11% increase in net sales to Rs 3.33 crore in Q4 March 2008 over Q3 December 2007.
The company announced the results after trading hours yesterday,
The stock hit a high of Rs 89.25 and a low of Rs 84 so far during the day. The stock had a 52-week high of Rs 107 on
The company has an equity capital of Rs 12.36 crore. Face value per share is Rs 10.
The current price of Rs 89.25 discounts its Q4 March 2008 annualised EPS of Rs 10.77, by a
PE multiple of 8.29.
California Software Company’s net profit rose 21.8% to Rs 7.25 crore on 49.4% increase in net sales to Rs 71 crore in the year ended March 2008 over the year ended March 2007.
The company provides technology solutions to industries like energy, education, healthcare, hospitality, high technology and manufacturing. The group operates in three segments, namely, technology solutions, enterprise solutions and commodity solutions.
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