Tuesday, July 22, 2008

Emco -Good Q1 result

Emco jumped 6.96% to Rs 146.85 at 14:41 IST on BSE on reporting 11.55% rise in net profit to Rs 10.05 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 150 and a low of Rs 135.80 so far during the day. The stock had a 52-week high of Rs 330 on 17 January 2008 and a 52-week low of Rs 125 on 2 July 2008.
The company has an equity capital of Rs 11.76 crore. Face value per share is Rs 10.
The current price of Rs 146.85 discounts its Q4 March 2008 annualised EPS of Rs 19.65, by a PE multiple of 7.47.
The company’s total income rose 18.81% to Rs 183.35 crore in Q1 June 2008 over Q1 June 2007.
In May 2008, Emco secured a Rs 126-crore turnkey order from Delhi Transco for new substation at Mundka, Delhi
The company is engaged in manufacturing and marketing furnace and rectifier transformers and electronic energy meters.

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