Mahindra CIE Automotive advances on reporting 74% rise in Q3 net profit

17 Oct 2018

Mahindra CIE Automotive is currently trading at Rs. 266.50, up by 8.40 points or 3.25% from its previous closing of Rs. 258.10 on the BSE.

The scrip opened at Rs. 271.00 and has touched a high and low of Rs. 272.00 and Rs. 261.00 respectively. So far 91994 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 301.80 on 11-Sep-2018 and a 52 week low of Rs. 199.20 on 09-Feb-2018.

Last one week high and low of the scrip stood at Rs. 272.00 and Rs. 242.20 respectively. The current market cap of the company is Rs. 10069.44 crore.

The promoters holding in the company stood at 67.76%, while Institutions and Non-Institutions held 15.76% and 16.48% respectively.

Mahindra CIE Automotive has reported 73.80% rise in its net profit at Rs 42.58 crore for the quarter ended September 30, 2018 as compared to Rs 24.50 crore for the same quarter in the previous year. Total income of the company increased by 21.74% at Rs 656.63 crore for September quarter as compared Rs 539.35 crore for the corresponding quarter previous year.

Mahindra CIE Automotive is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai.

Related Mahindra CIE Automotive Ltd. Links:

Mahindra CIE Auto. Share Price

64.20 0.45 (0.71%) Mar 27, 18:01
1 Year Price Chart
Peers
Company Name CMP
Bharat Forge 263.30
Mahindra CIE Auto. 64.20
Ramkrishna Forgings 147.65
MM Forgings 183.90
Metalyst Forgings 3.95
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Sensex vs Mahindra CIE Auto.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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