Mangalore Refinery And Petrochemicals jumped 12.37% to Rs 64.95 at 12:55 IST on BSE on reporting 129.39% surge in net profit to Rs 845.40 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 25 July 2008.
The stock hit a high of Rs 65.75 and a low of Rs 55.20 so far during the day. The stock had a 52-week high of Rs 149 on 4 January 2008 and a 52-week low of Rs 39.55 on 17 August 2007.
The company has an equity capital of Rs 1752.90 crore. Face value per share is Rs 10.
The current price of Rs 64.95 discounts its Q4 March 2008 annualised EPS of Rs 5.14, by a PE multiple of 12.64.
Mangalore Refinery And Petrochemicals (MRPL)’s total income rose 43.97% to Rs 10811.39 crore in Q1 June 2008 over Q1 June 2007.
In February 2008, MRPL entered into an agreement with Shell Aviation to form a joint venture company for marketing aviation fuel in India.
MRPL is engaged in manufacturing and marketing petroleum products, which include refineries and petrochemicals.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment