Thursday, October 2, 2008

Indo Tech Transformers bagged an export order worth Rs 30 crore.

Indo Tech Transformers (CMP=Rs 288)has bagged an export order worth Rs 30 crore for supply of power transformers.

The stock has a 52-week high of Rs 807.75 on 4 January 2008 and a 52-week low of Rs 232.25 on 30 September 2008.
The company’s current equity is Rs 10.62 crore. Face value per share is Rs 10.
The current price of Rs 288 discounts Q1 June 2008 annualized EPS of Rs 39.28, a PE multiple of 7.33.
The company has also commissioned a transformer tank manufacturing facility at its Kancheepuram plant at a total cost of Rs 3.50 crore, it said.
Indo Tech Transformers’ net profit surged 51.2% to Rs 10.43 crore on 37.2% increase in net sales to Rs 53.98 crore in Q1 June 2008 over Q1 June 2007.
The company's principal activity is to manufacture electrical, electronic and computer hardware related products, pre-stressed cement casting products in addition to various application transformers and mobile sub-station transformers.

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