Sarda Energy & Minerals rose 0.69% to Rs 257.15 at 11:50 IST on BSE on signing a memorandum of understanding with the state government of Chhattisgarh for setting up a cement plant in Chhattisgarh at a total cost of Rs 550 crore.
The company made this announcement after trading hours on
The stock hit a high of Rs 267.85 and a low of Rs 255.10 so far during the day. The stock had a 52-week high of Rs 695 on
The company has an equity capital of Rs 34.05 crore. Face value per share is Rs 10.
The current price of Rs 257.15 discounts its Q4 March 2008 annualised EPS of Rs 51.54, by a
PE multiple of 4.99.
Sarda Energy & Minerals’ net profit rose 1807.4% to Rs 43.87 crore on 232.10% to Rs 215.64 crore in Q4 March 2008 over Q4 March 2007.
The company's principal activity is to produce iron and steel products. The products of the company include sponge iron, steel ingots, ferro alloys and thermal power.
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