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PSL gains on reporting marginal rise in Q1 net profit

10 Aug 2012 Evaluate

PSL is currently trading at Rs. 59.35, up by 0.05 points or 0.08% from its previous closing of Rs. 59.30 on the BSE.

The scrip opened at Rs. 59.50 and has touched a high and low of Rs. 59.55 and Rs. 59.05 respectively. So far 5,825 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.80 on 14-Feb-2012 and a 52 week low of Rs. 50.40 on 20- Dec-2011.

Last one week high and low of the scrip stood at Rs. 63.90 and Rs. 58.20 respectively. The current market cap of the company is Rs. 317 crore.

The promoters holding in the company stood at 39.25% while Institutions and Non-Institutions held 13.43% and 47.32% respectively.

The company has reported marginal rise of 2.28% in its net profit at Rs 14.81 crore for the quarter under review as compared to Rs 14.48 crore for the same quarter in the previous year. The total income from operation of the company has increased by 27.58% at Rs 638.15 crore for Q1FY13 as compared Rs 500.21 crore for the corresponding quarter previous year.

PSL is India’s largest producer / manufacturer of HSAW pipes, the line-pipe industry's preferred pipe, with production capacity in excess of the 1 MT mark.

PSL Share Price

0.34 0.00 (0.00%)
12-Oct-2020 18:01 View Price Chart
Peers
Company Name CMP
Tata Steel 211.90
JSW Steel 1273.00
SAIL 172.50
Jindal Stainless 792.10
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