Wednesday, November 5, 2008

Shri Dinesh Mills soars on setting record date for stock split

Shri Dinesh Mills was locked 10% upper limit at Rs 795.95 at 11:36 IST on BSE, on setting record date for 10-for-1 stock split.
The stock hit a high of Rs 795.95 and a low of Rs 750 so far during the day. The stock has a 52-week high of Rs 3249.45 on 6 November 2007 and a 52-week low of Rs 592.70 on 27 October 2008.
The company’s current equity is Rs 5.28 crore. Face value per share is Rs 100.
The current price of Rs 795.95 discounts the company’s Q1 June 2008 annualized EPS of Rs 278.03, by a PE multiple of 2.86.
Shri Dinesh Mills has fixed 27 November 2008 as the record date for 10-for-1 stock split. The company announced the record date during trading hours today, 5 November 2008.
Shri Dinesh Mills’ net profit rose 44.71% to Rs 4.79 crore on 18.25% increase in net sales to Rs 23.97 crore in Q2 September 2008 over Q2 September 2007. The results were announced on 25 October 2008.
The company is engaged in manufacturing and marketing woolen textile goods and pharmaceuticals products.

No comments: