3M India inches up reporting 17% rise in Q3 consolidated net profit

13 Feb 2019

3M India is currently trading at Rs. 21264.55, up by 73.80 points or 0.35% from its previous closing of Rs. 21190.75 on the BSE.

The scrip opened at Rs. 21250.00 and has touched a high and low of Rs. 21574.95 and Rs. 21250.00 respectively. So far 59 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26679.25 on 03-Sep-2018 and a 52 week low of Rs. 18213.65 on 06-Jun-2018.

Last one week high and low of the scrip stood at Rs. 21875.05 and Rs. 20644.90 respectively. The current market cap of the company is Rs. 24062.19 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 10.55% and 14.45% respectively.

3M India has reported a rise of 10.57% in its net profit at Rs 101.39 crore for the quarter ended December 31, 2018 as compared to Rs 91.70 crore for the same quarter in the previous year. Total income of the company increased by 11.27% at Rs 746.02 crore for Q3FY19 as compared Rs 670.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 17.12% in its net profit at Rs 110.19 crore for the quarter under review as compared to Rs 94.08 crore for the same quarter in the previous year. Total income of the company increased by 13.58% at Rs 804.14 crore for Q3FY19 as compared Rs 708.01 crore for the corresponding quarter previous year.

Related 3M India Ltd. Links:

3M India Share Price

25963.65 954.65 (3.82%) Mar 03, 18:59
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Grasim Industries 1318.45
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SRF 5688.40
Birla Corporation 856.30
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SEBI Registered: Investment Adviser - INA000013323

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