Ponni Sugars (Erode) jumped 7.49% to Rs 107.65 on BSE, after net profit galloped 235.48% to Rs 10.40 crore in Q2 September 2009 over Q2 September 2008.
The stock hit a high of Rs 108 so far during the day, which is 52-week high for the counter. The stock hit a low of Rs 101.15 so far during the day. The stock had hit a 52-week low of Rs 19.75 on 28 November 2008.
The company's equity capital is Rs 8.60 crore. Face value per share is Rs 10.
The current price of Rs 107.65 discounts the company's Q1 June 2009 annualized EPS of Rs 20.74, by a PE multiple of 5.19.
Ponni Sugars (Erode)'s total income surged 44.36% to Rs 48.52 crore in Q2 September 2009 over Q2 September 2008. The company declared its results during trading hours today, 23 October 2009.
The company manufactures cane sugar, cane molasses and bagasse. The company operates in a single segment of sugar and its by products.
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