TTK Prestige falls despite reporting many fold jump in Q1 consolidated net profit

28 Jul 2021 Evaluate

TTK Prestige is currently trading at Rs. 8974.00, down by 212.15 points or 2.31% from its previous closing of Rs. 9186.15 on the BSE.

The scrip opened at Rs. 9186.20 and has touched a high and low of Rs. 9252.85 and Rs. 8939.00 respectively. So far 451 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9579.95 on 05-Jul-2021 and a 52 week low of Rs. 5235.10 on 30-Jul-2020.

Last one week high and low of the scrip stood at Rs. 9530.05 and Rs. 8626.40 respectively. The current market cap of the company is Rs. 12521.43 crore.

The promoters holding in the company stood at 70.41%, while Institutions and Non-Institutions held 22.70% and 6.89% respectively.

TTK Prestige has reported results for first quarter ended June 30, 2021.

The company has reported above 6 -fold jump in its net profit from continuing operations at Rs 27.21 crore for the quarter under review as compared to net profit of Rs 4.09 crore for the same quarter in the previous year. Total income of the company increased by 69.77% at Rs 365.20 crore for Q1FY22 as compared Rs 215.11 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 12- fold jump in its net profit attributed to the owners at Rs 30.59 crore for the quarter under review as compared to net profit of Rs 2.55 crore for the same quarter in the previous year. Total income of the company increased by 75.19% at Rs 409.35 crore for Q1FY22 as compared Rs 233.66 crore for the corresponding quarter previous year.


TTK Prestige Share Price

672.90 2.40 (0.36%)
28-Mar-2024 15:21 View Price Chart
Peers
Company Name CMP
Crompt.Greaves Cons. 266.70
Whirlpool Of India 1218.35
Bajaj Electricals 912.00
IFB Industries 1490.25
TTK Prestige 672.90
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.