Aditya Birla Fashion surges on reporting 2-fold jump in Q3 net earnings

Aditya Birla Fashion surges on reporting 2-fold jump in Q3 net earnings

by admin- Tuesday, February 5th, 2019 04:36:04 PM

Aditya Birla Fashion and Retail is presently buying and selling at Rs. 211.20, up by means of three.Ninety points or 1.88% from its preceding ultimate of Rs. 207.30 at the BSE.

The scrip opened at Rs. 210.20 and has touched a excessive and coffee of Rs. 216.20 and Rs. 208.75 respectively. So a long way 93607 shares had been traded at the counter.

The BSE group ‘A’ inventory of face cost Rs. 10 has touched a 52 week excessive of Rs. 219.00 on 14-Jan-2019 and a 52 week low of Rs. 132.15 on 19-Jul-2018.

Last one week excessive and occasional of the scrip stood at Rs. 216.20 and Rs. 204.00 respectively. The present day market cap of the company is Rs. 16515.84 crore.

The promoters conserving within the business enterprise stood at fifty nine.24%, at the same time as Institutions and Non-Institutions held 28.42% and 12.34% respectively.

Aditya Birla Fashion and Retail has pronounced a 2-fold bounce in its net profit at Rs 70.25 crore for the region ended December 31, 2018 as compared to Rs 34.Eighty one crore for the identical region within the previous 12 months. Total earnings of the organization multiplied by using 23.27% at Rs 2,294.92 crore for Q3FY19 as compared Rs 1,861.64 crore for the corresponding region previous year.

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