Essar Shipping Ports & Logistics was locked at 5% upper limit at Rs 35.15 at 10:33 IST on BSE, as net profit surged 275.10% to Rs 60.77 crore in Q2 September 2008 over Q2 September 2007.
The stock hit a high of Rs 35.15 and a low of Rs 35.15 so far during the day. The stock has a 52-week high of Rs 252.05 on 7 February 2008 and a 52-week low of Rs 31.65 on 29 October 2008.
The stock surged 4.85% to Rs 33.50 on 31 October 2008, ahead of the results.
The company’s current equity is Rs 426.08 crore. Face value per share is Rs 10.
The current price of Rs 35.15 discounts the company’s Q2 September 2008 annualized EPS of Rs 5.71, by a PE multiple of 6.16.
Essar Shipping Ports & Logistics’ net sales rose 46.20% to Rs 343.43 crore in Q2 September 2008 over Q2 September 2007.
Essar Shipping owns and operates very large crude carriers (VLCCs), tankers and bulk carriers. It currently has total fleet of 28 vessels with 1.5 million deadweight tonnage (DWT) capacity.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment