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Shiv-Vani Oil & Gas shines on reporting three-fold rise in Q4 net profit

16 May 2012 Evaluate

Shiv-Vani Oil & Gas is currently trading at Rs. 155.25, up by 1.10 points or 0.71% from its previous closing of Rs. 154.15 on the BSE.

The scrip opened at Rs. 155.15 and has touched a high and low of Rs. 159.90 and Rs. 154.05 respectively. So far 2833 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 280.00 on 18-May-2011 and a 52 week low of Rs. 150.00 on 15-May-2012.

Last one week high and low of the scrip stood at Rs. 166.80 and Rs. 150.00 respectively. The current market cap of the company is Rs. 719.75 crore.

The promoters holding in the company stood at 54.92% while Institutions and Non-Institutions held 13.87% and 31.21% respectively. 

Shiv-Vani Oil & Gas has reported results for fourth quarter ended March 31, 2012.

On standalone basis, the company has posted a rise of 266.52% in its net profit at Rs 76.09 crore for the quarter ended March 31, 2012 as compared to Rs 20.76 crore for the same quarter in the previous year. However, total income decreased by 13.25% at Rs 294.74 crore for quarter under review as compared to Rs 339.75 crore for the quarter ended March 31, 2011.

On consolidated basis, the company has posted a rise of 47.22% in its net profit at Rs 91.60 crore for the quarter ended March 31, 2012 as compared to Rs 62.22 crore for the same quarter in the previous year. However, total income decreased by 10.94% at Rs 357.39 crore for quarter under review as compared to Rs 401.30 crore for the quarter ended March 31, 2011.

Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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