Tuesday, September 9, 2008

Blue Bird flies high on export order

Blue Bird India surged 5.42% to Rs 36.95 at 10:37 IST on BSE, after the company said on Monday, 8 September 2008, it has bagged an export order worth $4.40 million for supply of notebooks to USA.
The company made this announcement after trading hours on Monday, 8 September 2008.
The stock hit a high of Rs 37.90 and a low of Rs 35.80 so far during the day. The stock has a 52-week high of Rs 93.50 on 3 January 2008 and a 52-week low of Rs 26.55 on 2 July 2008.
The company’s current equity is Rs 35. Face value per share is Rs 10.
The current price of Rs 36.95 discounts Q1 June 2008 annualized EPS of Rs 5.71, by a PE multiple of 6.47.
The company expects to complete the order within the current financial year.
Blue Bird India’s net profit fell 39.8% to Rs 5 crore on 8.1% fall in net sales to Rs 118.89 crore in Q1 June 2008 over Q1 June 2007.
The company is into printing and publishing. The company operates in three segments namely notebooks, publication and printing.

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