Roto Pumps rose 5.52% to Rs 56.35 at 12:51 IST on BSE after the company said it has bagged an export order worth Rs 2 crore from Blue Water for a water desalination project in Sydney, Australia.
The stock hit a high of Rs 59 and a low of Rs 52 so far during the day. The stock had hit a 52-week high of Rs 99.25 on 1 January 2008 and a 52-week low of Rs 45 on 23 June 2008.
The company has an equity capital of Rs 3.10 crore. Face value per share is Rs 10.
The current price of Rs 56.35 discounts its Q1 June 2008 annualised EPS of Rs 8.54, by a PE multiple of 6.60.
The company has bagged this order against stiff international competition, it said.
Roto Pumps’ net profit rose 50% to Rs 0.66 crore on 35.1% increase in net sales to Rs 10.63 crore in Q1 June 2008 over Q1 June 2007.
The company is engaged in manufacturing and marketing industrial pumps and spares parts. It also designs, procures and unitizes various equipments like drives, strainers, valves, gauges, and instrumentation required for the pumping system.
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