Monday, July 21, 2008

Bartronics India strong quarterly earnings

Bartronics India spurted 8.76% to Rs 170.05 at 15:21 IST on BSE after posting 220.37% surge in net profit to Rs 15.27 crore on 165.71% increase in total income to Rs 679.32 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 21 July 2008.
The stock hit a high of Rs 175.70 and a low of Rs 160 so far during the day. The stock had a 52-week high of Rs 294.50 on 7 January 2008 and a 52-week low of Rs 125 on 4 April 2008.
The company has an equity capital of Rs 27.58 crore. Face value per share is Rs 10.
The current price of Rs 170.05 discounts its Q4 March 2008 annualised EPS of Rs 24.75, by a PE multiple of 6.87.
Bartronics is a leading provider of smart card-based technology as well as radio frequency identification solutions.

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