Wednesday, August 13, 2008

G S Auto setting record date for stock split

G S Auto International was locked at 5% upper limit at Rs 140.55 at 12:52 IST on BSE after the company set record date for 2-for-1 stock split.
The stock hit a high of Rs 140.55 and a low of Rs 140.55 so far during the day. The stock had hit a 52-week high of Rs 147.90 on 12 May 2008 and a 52-week low of Rs 16.90 on 16 August 2007.
The company has an equity capital of Rs 1.70 crore. Face value per share is Rs 1.
The current price of Rs 140.55 discounts its Q1 June 2008 annualised EPS of Rs 20, by a PE multiple of 7.03.
G S Auto International has fixed 27 August 2008 as the record date for stock split. The company has announced the record date during trading hours today, 13 August 2008.
G S Auto International’s net profit surged 507.1% to Rs 0.85 crore on 30.7% increase in net sales to Rs 24.99 crore in Q1 June 2008 over Q1 June 2007.
The company manufactures automotive suspension components like u-bolts, center bolt, spring pins and kingpins.

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