Monday, November 24, 2008

'Super Tannery ' setting record date for bonus issue

Super Tannery India was locked at 5% upper limit at Rs 9.65 at 11:37 IST on BSE, on setting record date for a liberal 1:1 bonus issue.
The stock hit a high of Rs 9.65 and a low of Rs 8.51 so far during the day The stock hit a 52-week high of Rs 16.58 on 31 December 2007 and a 52-week low of Rs 7.01 on 27 October 2008.
The company's current equity is Rs 3.60 crore. Face value per share is Rs 2.
The current price of Rs 9.65 discounts the company's Q2 September 2008 annualized EPS of Rs 1.78, by a PE multiple of 5.42.
Super Tannery India has fixed 8 December 2008 as the record date for issue of bonus shares in the ratio of 1:1. The company fixed the record date during trading hours today, 24 November 2008.
Super Tannery India's net profit rose 56.9% to Rs 0.80 crore on 23.9% increase in net sales to Rs 65.78 crore in Q2 September 2008 over Q2 September 2007.
Super Tannery India is engaged in manufacturing and marketing leather chrome, soles, garments, shoe uppers, shoes and other leather related products.

No comments: