Wednesday, September 24, 2008

Provogue India fixed 13 October 2008 as record date for a 5-for-1 stock split.

Provogue India (CMP=Rs 700 ) has fixed 13 October 2008 as record date for a 5-for-1 stock split.

The stock hit a high of Rs 716.95 and a low of Rs 699 so far during the day. The stock has a 52-week high of Rs 1460 on 14 January 2008 and hit a 52-week low of Rs 660 on 25 August 2008.
The company’s current equity is Rs 23.28 crore. Face value per share is Rs 10.
The current price of Rs 700 discounts Q1 June 2008 annualized EPS of Rs 10.59, a PE multiple of 5.99.
Provogue India’s net profit rose 27.6% to Rs 6.05 crore on 31.1% increase in net sales to Rs 67.78 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in designing, manufacturing and selling ready-made garments and other accessories under the brand Provogue. The group's products include shirts, trousers, t-shirts, sweaters, shorts, pajamas, suits, jackets, ties, socks, handkerchiefs, belts, wallets, sunglasses, bags and caps. The group distributes its products through branded stores and a network of national chain stores and multi brand outlets.

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