Honeywell Automation is currently trading at Rs. 2501.85, up by 181.40 points or 7.82% from its previous closing of Rs. 2320.45 on the BSE.
The scrip opened at Rs. 2450.00 and has touched a high and low of Rs. 2550.00 and Rs. 2430.00 respectively. So far 2449 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2929.80 on 12-Jul-2011 and a 52 week low of Rs. 1620.00 on 15-Dec-2011.
Last one week high and low of the scrip stood at Rs. 2550.00 and Rs. 2291.05 respectively. The current market cap of the company is Rs. 2148.67 crore.
The promoters holding in the company stood at 81.24% while Institutions and Non-Institutions held 5.20% and 13.56% respectively.
Industrial solutions provider, Honeywell Automation India has reported 31.51% increase in its net profit for the quarter ended December 31, 2011, at Rs 33.85 crore. The company had posted a net profit of Rs 25.74 crore in the same period last financial year.
The net sales during the fourth quarter also went up by 31.76% to Rs 501.17 crore from Rs 380.37 crore in the year-ago period.
For the company’s entire accounting year 2011, the net profit increased by 1.99% to Rs 107.14 crore from Rs 105.05 crore in the previous financial year. The net sales during the year also rose by 19.03% to Rs 1,612.50 crore from Rs 1,354.71 crore in 2010.