GEE spurted 9.95% to Rs 53.05 at 14:19 IST on BSE after the company said its board will meet on 20 July 2008 to consider issue of bonus shares.
The company made this announcement during trading hours today, 15 July 2008.
The stock hit a high of Rs 53.05 and a low of Rs 43.60 so far during the day. The stock had a 52-week high of Rs 105 on 8 January 2008 and a 52-week low of Rs 29 on 6 August 2007.
The company has an equity capital of Rs 2.87 crore. Face value per share is Rs 2. The current price of Rs 53.05 discounts its Q4 March 2008 annualised EPS of Rs 2.12, by a PE multiple of 25.02.
GEE’s net profit rose 5.6% to Rs 0.76 crore on 50.5% increase in net sales to Rs 24.55 crore in Q4 March 2008 over Q4 March 2007.
The company is engaged in manufacture welding rods and welding wires. Its product include mild steel, low hydrogen, cast iron, non-ferrous, cutting and chamfering, hard facing, high tensile, stainless steel, filler wires, tubular and provides maintenance services.
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