Shipping Corporation of India (CMP=149) fixed 31 October 2008 as record date for 1:2 bonus issue.
The stock hit a high of Rs 149 and 148 so far during the day. The stock has a 52-week high of Rs 332 on 3 January 2008 and a 52-week low of Rs 132 on 29 September 2008.
The company’s current equity is Rs 282.30 crore. Face value per share is Rs 10.
The current price of Rs 149 discounts Q1 June 2008 annualized EPS of Rs 39.62, a PE multiple of 3.76.
Shipping Corporation of India (SCI)’s net profit rose 35.6% to Rs 279.60 crore on 19.9% increase in net sales to Rs 1061.91 crore in Q1 June 2008 over Q1 June 2007.
SCI, a state-run shipping company, operates and manages a fleet of line vessels, tankers, and bulk carriers, passenger vessels and off shore vessels.
The Government of India holds 80.12% stake in the firm.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment