Kwality hits rock backside on reporting ninety six% fall in Q1 internet profit

Kwality hits rock backside on reporting ninety six% fall in Q1 internet profit

by admin- Monday, September 17th, 2018 03:59:42 PM

Kwality is currently buying and selling at its lower circuit restriction of Rs. 19.50, down through 1.00 factors or four.88% from its preceding closing of Rs. 20.50 on the BSE.

The scrip opened at Rs. 19.50 and has touched a high and coffee of Rs. 19.50 and Rs. 19.50 respectively. So a long way 88755 stocks have been traded on the counter.

The BSE organization ‘A’ inventory of face value Rs. 1 has touched a 52 week high of Rs. 122.50 on 15-Sep-2017 and a 52 week low of Rs. 10.Ninety five on 27-Jul-2018.

Last one week excessive and low of the scrip stood at Rs. 22.Fifty five and Rs. 19.50 respectively. The current marketplace cap of the enterprise is Rs. 470.64 crore.

The promoters protecting inside the organisation stood at 51.28%, at the same time as Institutions and Non-Institutions held 12.Sixteen% and 36.Fifty five% respectively.

The company has reported ninety six.27% fall in its internet earnings at Rs 1.04 crore for first quarter ended June 30, 2018 in comparison to Rs 27.88 crore for the equal zone inside the previous year. Total income of the corporation reduced by 19.Fifty four% at Rs 1,265.79 crore for Q1FY19 as compared Rs 1,573.19 crore for the corresponding zone preceding year.

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