The company made this announcement after the market hours on Monday, 26 November 2007.

Meanwhile, the BSE Sensex was down 150.82 points or 0.76 to 19,090.31 as US stocks tumbled on Monday, 26 November 2007, as investors worried rising US mortgage defaults and credit market losses will drag on the US economy, fueling fears that US consumers will slash spending during the vital holiday season.

On BSE, 16,276 shares changed hands in the counter. The stock had an average daily volume of 2.88 lakh shares on BSE in past one quarter.

The stock hit a high of Rs 1,211 and a low of Rs 1,168 so far during the day. It touched a 52 week high of Rs 1,249 on 16 November 2007 and a 52 week low of Rs 241 on 13 December 2006.

he mid-cap brokerage firm outperformed the market over the past one month till 26 November 2007 rising 5.36% compared to the Sensexs return of 0.02%. It also outperformed over the past one quarter, rising 96.3% to Sensexs gain of 33.43%.

The companys current equity share capital is Rs 53.39 crore. Face value per share is Rs 10.

At the current price of Rs 1,182, the PE multiple works out to 34.62, based on the Q2 September 2007 anualised EPS of Rs 34.14.

The companys net profit rose 360.5% to Rs 45.54 crore on 609.2% rise in sales to Rs 130.99 crore in Q2 September 2007 over Q2 September 2006.

India Infoline offers services ranging from equity and commodity trading to research and owns and manages an online trading website.

Powered byCapital Market - Live News