Saturday, September 12, 2009

Anil Modi Oil Industries hits 52-week high on bonus plan

Anil Modi Oil Industries was locked at 5% upper limit at Rs 29.45 at 11:21 IST on BSE, after the company's board recommended a liberal 1:1 bonus issue.
The company made this announcement during trading hours today, 11 September 2009. This is maiden bonus from Anil Modi Oil Industries.

Meanwhile, the BSE Sensex was up 61.05 points, or 0.38%, 16,277.91.

The stock hit a high of Rs 29.45 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 28.10 so far during the day. The stock hit a 52-week low of Rs 10.03 on 22 May 2009.

The company's equity capital is Rs 4.24 crore. Face value per share is Rs 10.
The current price of Rs 29.45 discounts the company's annualized Q1 June 2009 EPS of Rs 3.40, by a PE multiple of 8.66.

Anil Modi Oil Industries' net profit tumbled 81.1% to Rs 0.36 crore on 35.7% fall in net sales to Rs 17.01 crore in Q1 June 2009 over Q1 June 2008.

The company is engaged in production of rice bran oil.

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