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Four Soft touches the roof on reporting stellar Q2 numbers

30 Oct 2012 Evaluate

Four Soft is currently trading at its upper circuit limit of Rs. 8.89, up by 0.42 points or 4.96% from its previous closing of Rs. 8.47 on the BSE.

The scrip opened at Rs. 8.11 and has touched a high and low of Rs. 8.89 and Rs. 8.11 respectively. So far 2060 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 11.00 on 27-Aug-2012 and a 52 week low of Rs. 6.61 on 09-Jul-2012.

Last one week high and low of the scrip stood at Rs. 8.95 and Rs. 8.11 respectively. The current market cap of the company is Rs. 31.95 crore.

The promoters holding in the company stood at 23.33% while Institutions and Non-Institutions held 10.76% and 65.91% respectively.

Four Soft has reported results for second quarter ended September 30, 2012.

The company has registered about seven fold jump in its net profit after tax at Rs 4.66 crore for the quarter ended September 30, 2012 as compared to Rs 0.69 crore for the same quarter in the previous year. Net income from operation has increased by 15.53% at Rs 35.26 crore for quarter under review as compared to Rs 30.52 crore for the quarter ended September 30, 2011.

Four Soft is a global leader offering software solutions for the logistics and transportation industry. It provides innovative and integrated enterprise solutions ensuring customer satisfaction. Four Soft software engineers are providing solutions to enterprises across the SCM market place.

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