Orient Bell surges on reporting 29% rise in Q4 net profit

22 May 2018 Evaluate

Orient Bell is currently trading at Rs. 285.10, up by 11.00 points or 4.01% from its previous closing of Rs. 274.10 on the BSE.

The scrip opened at Rs. 284.00 and has touched a high and low of Rs. 290.00 and Rs. 280.00 respectively. So far 5448 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 375.30 on 19-Sep-2017 and a 52 week low of Rs. 211.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 298.95 and Rs. 272.00 respectively. The current market cap of the company is Rs. 408.72 crore.

The promoters holding in the company stood at 57.46%, while Institutions and Non-Institutions held 0.38% and 42.15% respectively.

Orient Bell has reported a rise of 29.33% in its net profit at Rs 8.29 crore for the quarter ended March 31, 2018 as compared to Rs 6.41 crore for the same quarter in the previous year. However, total income of the company decreased by 9.27% at Rs 200.90 crore for quarter under review as compared to Rs 221.42 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted around 3-fold jump in its net profit at Rs 40.04 crore as compared to Rs 13.59 crore for the previous year. However, total income of company decreased by 4.18% at Rs 661.74 crore for year under review as compared to Rs 690.59 crore for the year ended March 31, 2017.

Orient Bell Share Price

347.60 -21.50 (-5.82%)
28-Mar-2024 16:01 View Price Chart
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