Stone India gained 1.50% to Rs 54.25 at 12:57 IST on BSE after the company signed a memorandum of understanding with RailRunner Inc of United States to introduce the latest intermodal freight cars and transportation technology & system in India.
The stock hit a high of Rs 56.05 and a low of Rs 51.10 so far during the day. The stock had hit a 52-week high of Rs 248 on 2 January 2008 and a 52-week low of Rs 46.15 on 22 July 2008.
The company has an equity capital of Rs 7.60 crore. Face value per share is Rs 10.
The current price of Rs 54.25 discounts its Q1 June 2008 annualised EPS of Rs 44.49, by a PE multiple of 10.13.
Stone India reported a net loss of Rs 0.27 crore in Q1 June 2008 as compared to net profit of Rs 3.78 crore in Q1 June 2007. Net sales rose 1.8% to Rs 21.48 crore in Q1 June 2008 over Q1 June 2007.
The company manufactures railway products.
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