Birla Corporation surges on turning black in Q3

Birla Corporation surges on turning black in Q3

by admin- Wednesday, February 6th, 2019 04:57:33 PM

Birla Corporation is currently trading at Rs. 455.Ninety five, up by way of 7.10 points or 1.58% from its previous ultimate of Rs. 448.Eighty five on the BSE.

The scrip opened at Rs. 451.00 and has touched a high and coffee of Rs. 460.00 and Rs. 449.00 respectively. So a long way 2204 stocks have been traded at the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a fifty two week high of Rs. 1048.00 on 08-Feb-2018 and a fifty two week low of Rs. 440.00 on 05-Feb-2019.

Last one week high and coffee of the scrip stood at Rs. 505.Fifty five and Rs. 440.00 respectively. The present day marketplace cap of the employer is Rs. 3511.06 crore.

The promoters conserving inside the corporation stood at 62.90%, at the same time as Institutions and Non-Institutions held 17.Eighty five% and 19.25% respectively.

The employer has said a internet profit of Rs 6.Ninety nine crore for the sector ended December 31, 2018 beneath review against a internet lack of Rs 24.Fifty two crore for the same region in the previous year. Total profits of the organization elevated by using 20.Sixty six% at Rs 1092.70 crore for Q3FY19 as compared Rs 905.61 crore for the corresponding quarter preceding 12 months.

On the consolidated foundation, the company has reported a internet income of Rs 27.35 crore for the quarter beneath assessment in opposition to net loss of Rs 21.Eighty four crore for the identical sector inside the previous year. Total earnings of the corporation elevated by using eleven.Eighty% at Rs 1567.52 crore for Q3FY19 as compared Rs 1402.09 crore for the corresponding zone preceding 12 months.

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