Signet Industries shines on reporting 6% rise in Q1 net profit

09 Aug 2012 Evaluate

Signet Industries is currently trading at Rs. 173.45, up by 0.60 points or 0.35% from its previous closing of Rs. 172.85 on the BSE.

The scrip opened at Rs. 174.65 and has touched a high and low of Rs. 174.65 and Rs. 171.25 respectively. So far 2,751 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 209.30 on 07-Aug-2012 and a 52 week low of Rs. 76.00 on 01-Feb-2012.

Last one week high and low of the scrip stood at Rs. 209.30 and Rs. 163.00 respectively. The current market cap of the company is Rs. 506 crore.

The promoters holding in the company stood at 73.36% while Non-Institutions held 26.64% respectively.

The company has reported a rise of 5.68% in its net profit at Rs 3.35 crore for the quarter under review as compared to Rs 3.17 crore for the same quarter in the previous year. The total income from operation of the company has increased by 33.98% at Rs 139.51 crore for Q1FY13 as compared Rs 104.13 crore for the corresponding quarter previous year.

The company is engaged in the manufacture, trade, and export of poly products in India. It distributes HDPE, LDPE, PVC, PP, and PET resins. The company also involves in the manufacture of various plastic products; and the distribution of chemical products, including food chemicals, phosphate, and paints.

Signet Industries Share Price

39.60 -0.45 (-1.12%)
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