Emco slipped 3.81% to Rs 89.60 at 16:14 IST on BSE, after 18.50 lakh shares or 3.14% equity of the firm, changed hands in a block deal on NSE at Rs 93.75 each.
The stock hit a high of Rs 99 and a low of Rs 88.20 so far during the day. The stock has a 52-week high of Rs 330 on 17 January 2008 and hit a 52-week low of Rs 86 on 18 September 2008.
The company’s current equity is Rs 11.76 crore. Face value per share is Rs 2.
The current price of Rs 89.60 discounts Q1 June 2008 annualized EPS of Rs 23.17, a PE multiple of 42.83.
In May 2008, Emco secured an order worth Rs 126-crore from Delhi Transco for new substation at Mundka, Delhi.
Emco’s net profit rose 11.5% to Rs 10.05 crore on 18.8% increase in net sales to Rs 183.35 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in manufacturing and marketing furnace and rectifier transformers and electronic energy meters.
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