Polaris Software Lab spurted 16.79% to Rs 79.65 at 15:28 IST on BSE after posting 40.27% surge in net profit to Rs 19 crore on 11.59% growth in net sales to Rs 267.12 crore in Q1 June 2008 over Q4 March 2008.
The company announced the results during trading hours today, 17 July 2008.
The stock hit a high of Rs 80 and a low of Rs 68.60 so far during the day. The stock had a 52-week high of Rs 150 on 18 July 2007 and a 52-week low of Rs 62.80 on 2 July 2008.
The company has an equity capital of Rs 49.33 crore. Face value per share is Rs 5.
The current price of Rs 79.65 discounts its Q4 March 2008 annualised EPS of Rs 5.49, by a PE multiple of 14.51.
In March 2008, Polaris Retail Infotech, a wholly subsidiary of Polaris Software Lab launched Smart Store, a retail software product for small retail businesses.
Polaris Software Lab delivers customized software solutions and products in the domain of banking, financial services and insurance (BFSI).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment