Rain Commodities rose 0.51% to Rs 217.50 at 13.47 IST on BSE, ahead of its board meet today, 1 September 2008, to consider buyback of shares.
The stock hit a high of Rs 227 and a low of Rs 214 so far during the day. The stock has a 52-week high of Rs 309 on 1 January 2008 and a 52-week low of Rs 125.30 on 24 March 2008.
The company’s current equity is Rs 72.03. Face value per share is Rs 10.
The current price of Rs 217.50 discounts quarter ended June 2008 annualized EPS of Rs 15.25, by a PE multiple of 14.26.
Rain Commodities’ net profit fell 70% to Rs 27.46 crore on 130.5% increase in net sales to Rs 299.72 in the quarter ended June 2008 over quarter ended June 2007.
The company is engaged in manufacturing and selling cement. It is also engaged in the manufacture and trading of calcined petroleum coke and generation of energy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment