Parag Milk Foods surges on reporting 21% upward push in Q3 consolidated net profit by admin- Monday, February 4th, 2019 04:13:41 PM
Parag Milk Foods scrip is currently trading at Rs. 207.00, up by 2.50 points or 1.22% from its previous closing of Rs. 204.50 on the BSE.
The scrip opened at Rs. 214.00 and has touched a excessive and low of Rs. 214.00 and Rs. 203.Fifty five respectively. So far 14627 shares had been traded at the counter.
The BSE organization ‘A’ inventory of face price Rs. 10 has touched a 52 week excessive of Rs. 414.95 on 17-May-2018 and a 52 week low of Rs. 202.50 on 01-Feb-2019.
Last one week excessive and coffee of the scrip stood at Rs. 221.85 and Rs. 202.50 respectively. The present day market cap of the organisation is Rs. 1745.38 crore.
The promoters conserving in the organisation stood at forty five.Ninety six%, while Institutions and Non-Institutions held 25.Fifty nine% and 28.Forty five% respectively.
Parag Milk Foods has stated a rise of 27.74% in its net income at Rs 30.58 crore for the region ended December 31, 2018 beneath overview as compared to Rs 23.Ninety four crore for the equal area inside the preceding 12 months. Total profits of the employer increased via 15.06% at Rs 588.02 crore for Q3FY19 in comparison Rs 511.06 crore for the corresponding quarter previous year.
On the consolidated foundation, the organisation has said a rise of 20.Sixty four% in its internet profit at Rs 30.Seventy four crore for the region beneath evaluate as compared to Rs 25.48 crore for the same quarter within the preceding yr. Total profits of the company elevated with the aid of 15.24% at Rs 601.29 crore for Q3FY19 compared Rs 521.77 crore for the corresponding area preceding yr.