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Phillips Carbon Black moves up on reporting many fold jump in Q1 consolidated net profit

27 Jul 2021 Evaluate

Phillips Carbon Black is currently trading at Rs. 254.80, up by 9.10 points or 3.70% from its previous closing of Rs. 245.70 on the BSE.

The scrip opened at Rs. 249.70 and has touched a high and low of Rs. 258.95 and Rs. 249.00 respectively. So far 209057 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 258.45 on 26-Jul-2021 and a 52 week low of Rs. 94.65 on 03-Aug-2020.

Last one week high and low of the scrip stood at Rs. 258.45 and Rs. 230.00 respectively. The current market cap of the company is Rs. 4413.57 crore.

The promoters holding in the company stood at 53.56%, while Institutions and Non-Institutions held 10.08% and 36.36% respectively.

Phillips Carbon Black has reported many fold jump in its net profit at Rs 104.31 crore for first quarter ended June 30, 2021 as compared to Rs 2.31 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 1007.18 crore for Q1FY22 as compared Rs 362.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported many fold jump in its net profit attributed to the owners at Rs 104.39 crore for first quarter ended June 30, 2021 as compared to Rs 2.49 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 1007.63 crore for Q1FY22 as compared Rs 362.41 crore for the corresponding quarter previous year.

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