CMC gains on reporting marginal rise of 2% in Q3 consolidated net profit

16 Jan 2015 Evaluate

CMC is currently trading at Rs. 1930.00, up by 5.25 points or 0.27% from its previous closing of Rs. 1924.75 on the BSE.

The scrip opened at Rs. 1925.00 and has touched a high and low of Rs. 1930.05 and Rs. 1891.60 respectively. So far 2305 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2403.00 on 08-Sep-2014 and a 52 week low of Rs. 1338.00 on 26-Mar-2014.

Last one week high and low of the scrip stood at Rs. 1977.00 and Rs. 1878.00 respectively. The current market cap of the company is Rs. 5803.51 crore.

The promoters holding in the company stood at 51.12 % while Institutions and Non-Institutions held 37.51 % and 11.36 % respectively.

CMC has registered marginal rise of 1.13% in its net profit after tax at Rs 51.14 crore for third quarter ended December 31, 2014 as compared to Rs 50.57 crore for the same quarter in the previous year. Total income of the company has increased 3.69% at Rs 308.58 crore for Q3FY15 as compared Rs 297.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit after tax gained 2.24% to Rs 72.12 crore for the Q3 FY15 as compared to Rs 70.54 crore in Q3 FY14. Moreover, the total income surged around 13.51% to Rs 640.24 crore in the quarter under review as compared to Rs 564.06 crore in the corresponding quarter previous year.

Peers
Company Name CMP
Tejas Networks 656.05
Netweb Technologies 1610.75
DC Infotech and Comm 182.00
Ducon Infra. 7.14
Control Print 936.15
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.