Pipavav Defence and Offshore Engineering is currently trading at Rs. 59.15, up by 0.70 points or 1.20 % from its previous closing of Rs. 58.45 on the BSE.
The scrip opened at Rs. 58.45 and has touched a high and low of Rs. 59.50 and Rs. 57.30 respectively. So far 742185 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.60 on 13-Sep-2011 and a 52 week low of Rs. 50.65 on 21-Nov-2011.
Last one week high and low of the scrip stood at Rs. 61.50 and Rs. 55.50 respectively. The current market cap of the company is Rs. 4060.79 crore.
The promoters holding in the company stood at 43.34% while Institutions and Non-Institutions held 22.34% and 34.32% respectively.
Pipavav Defence and Offshore Engineering Company has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a fall of 74.56% in its net profit at Rs 2.01 crore for the quarter, as compared to Rs 7.90 crore for the same quarter in the previous year. However, total income of the company has increased by 68.59% to Rs 581.47 crore for the quarter under review as compared to Rs 344.90 crore for the quarter ended June 30, 2011.
Pipavav Defence and Offshore Engineering Company is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit spread over around 95 hectares of land and another export oriented unit (EOU) spread over around 103.92 hectares of land.
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