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Globus Spirits’ gains despite reporting 18% fall in Q1 net profit

22 Aug 2012 Evaluate

Globus Spirits is currently trading at Rs. 109.90, up by 0.85 points or 0.78% from its previous closing of Rs. 109.05 on the BSE.

The scrip opened at Rs. 109.00 and has touched a high and low of Rs. 109.90 and Rs. 107.55 respectively. So far 3346 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.00 on 03-Nov-2011 and a 52 week low of Rs. 87.10 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 112.95 and Rs. 106.20 respectively. The current market cap of the company is Rs. 249.53 crore.

The promoters holding in the company stood at 67.14% while Institutions and Non-Institutions held 15.46% and 17.40% respectively.

Globus Spirits has reported results for first quarter ended June 30, 2012

On standalone basis, the company has reported a fall of 17.72% in its net profit at Rs 9.52 crore for the quarter, as compared to Rs 11.57 crore for the same quarter in the previous year. However, total income of the company has increased by 24.42% to Rs 143.87 crore for the quarter under review as compared to Rs 115.63 crore for the quarter ended June 30, 2011.

GSL is engaged in the business of manufacture, marketing and selling of Industrial Alcohol (comprising RS and ENA), CL and IMFL. The company has a well established position in domestic CL segment with significant market share (22%, 17% and 20% share in Rajasthan, Haryana and Delhi respectively).

Globus Spirits Share Price

915.90 -19.60 (-2.10%)
13-Apr-2026 16:59 View Price Chart
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