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Zydus Wellness strengthens on reporting 38% rise in Q2 net profit

07 Nov 2012 Evaluate

Zydus Wellness is currently trading at Rs. 467.30, up by 4.40 points or 0.95% from its previous closing of Rs. 462.90 on the NSE.

he scrip opened at Rs. 468.00 and has touched a high and low of Rs. 475.05 and Rs. 465.00 respectively. So far 19,499 shares were traded on the counter.

The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 600.00 on 09-Nov-2011 and a 52 week low of Rs. 299.90 on 18-May-2012.

The promoters holding in the company stood at 72.54% while Institutions and Non-Institutions held 15.34% and 12.12% respectively.

The company has reported a rise of 38.13% in its net profit at Rs 23.62 crore for the quarter as compared to Rs 17.10 crore for the same quarter in the previous year. However, total income of the company has decreased by 20.97% at Rs 51.41 crore for quarter under review as compared to Rs 65.05 crore for the quarter ended September 30, 2011.

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