Monday, June 23, 2008

Rohit Ferro Tech Q4 results

Rohit Ferro Tech declined 4.97% to Rs 149.95 at 15:09 IST on BSE even as it reported 530.6% surge in net profit to Rs 38.53 crore on 233.9% rise in sales to Rs 259.43 crore in Q4 March 2008 over Q4 March 2007.

The stock hit a high of Rs 164.20 and a low of Rs 149.95. The stock had a 52-week high of Rs 194.95 on 30 May 2008 and a 52 week low of 29.85 on 22 June 2007.

The company has an equity capital of Rs 34.46 crore. Face value per share is Rs 10.

The current price of Rs 149.95 discounts its Q4 March 2008 annualised EPS of Rs 44.72, by a

PE multiple of 3.35.

The company is engaged in manufacturing ferro alloy products for the use of steel plants and foundries. The products include ferro chrome, ferro manganese and silicon manganese. The company exports its products to Europe, Middle East and China.

No comments: