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Dhanus Technologies declines on reporting net loss of Rs 2.02 crore in Q2FY13

24 Aug 2012 Evaluate

Dhanus Technologies is currently trading at Rs. 2.27, down by 0.06 points or 2.58% from its previous closing of Rs. 2.33 on the BSE.

The scrip opened at Rs. 2.28 and has touched a high and low of Rs. 2.28 and Rs. 2.22 respectively. So far 12861 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 5.00 on 07-Sep-2011 and a 52 week low of Rs. 2.01 on 03-Feb-2012.

Last one week high and low of the scrip stood at Rs. 2.47 and Rs. 2.20 respectively. The current market cap of the company is Rs. 126.76 crore.

The promoters holding in the company stood at 0.60% while Non-Institutions held 99.40% stake in the company.

Dhanus Technologies has reported results for second quarter ended June 30, 2012.

On standalone basis, the company has reported a net loss of Rs 2.02 crore for the quarter ended June 30, 2012 against net loss of Rs 1.45 crore for the corresponding period last fiscal.  Total income decreased by 90.42% at Rs 2.94 crore during the quarter under review from Rs 30.68 crore in the year-ago period.

Dhanus Technologies is a rapidly growing communications services company. The company offers telecom services, is into tele-services, IT/ ITES and telematics. The company has a strong product development team specializing in communication technologies, logistics & unified messaging.

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