Nava Bharat Ventures is currently trading at Rs. 135.00, down by 3.75 points or 2.70% from its previous closing of Rs. 138.75 on the BSE.
The scrip opened at Rs. 145.20 and has touched a high and low of Rs. 145.20 and Rs. 133.60 respectively. So far 122555 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.20 on 15-Jan-2018 and a 52 week low of Rs. 118.00 on 28-Sep-2017.
Last one week high and low of the scrip stood at Rs. 144.20 and Rs. 131.75 respectively. The current market cap of the company is Rs. 2418.80 crore.
The promoters holding in the company stood at 44.43%, while Institutions and Non-Institutions held 20.15% and 35.42% respectively.
Nava Bharat Ventures has reported 2-fold jump in its net profit of Rs 45.69 crore for the quarter ended June 30, 2018 as compared to Rs 21.88 crore for the same quarter in the previous year. Total income of the company increased by 17.68% at Rs 355.85 crore for Q1FY19 as compared Rs 302.38 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 5-fold jump in its net profit of Rs 85.36 crore for the quarter under review as compared to Rs 15.31 crore for the same quarter in the previous year. Total consolidated income of the company has reported 2-fold jump at Rs 764.99 crore for Q1FY19 as compared Rs 380.93 crore for the corresponding quarter previous year.
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