Finolex Industries is currently trading at Rs 124.40, up by 5.10 points or 4.27% from its previous closing of Rs 119.30 on the BSE.
The scrip opened at Rs 127.10 and has touched a high and low of Rs 130.80 and Rs 121.10 respectively. So far 638713 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 130.80 on 07-May-2013 and a 52 week low of Rs 53.65 on 14-May-2012.
Last one week high and low of the scrip stood at Rs 130.80 and Rs 98.35 respectively. The current market cap of the company is Rs 1537.54 crore.
The promoters holding in the company stood at 52.39% while Institutions and Non-Institutions held 4.57% and 43.04% respectively.
Finolex Industries has reported results for the quarter & year ended March 31, 2013.
The company has registered 41.42% rise in its net profit after tax and minority interest at Rs 79.35 crore in Q4FY13 as compared to Rs 56.19 crore in the same quarter previous year. However, the total income from operation of the company has increased by 6.17% to Rs 629.58 crore as compared to Rs 593.00 crore in corresponding quarter last year.
For the full year, the company has reported a net profit after tax and minority interest at Rs 136.14 crore for the year ended March 31, 2013, rise of 81.16% as compared to Rs 75.15 crore for the year ended March 31, 2012. Total income from operation has increased to Rs 2144.82 crore in FY13 from Rs 2099.78 crore in FY12, up marginally by 2.14%.
Finolex Industries has recommended dividend of 55% or Rs 5.50 per share for the financial year 2012-2013.
