Ruchi Soya is currently trading at Rs. 100.00, down by 1.65 points or 1.62% from its previous closing of Rs. 101.65 on the BSE.
The scrip opened at Rs. 100.50 and has touched a high and low of Rs. 102.00 and Rs. 99.00 respectively. So far 10798 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 130.00 on 02-Dec-2010 and a 52 week low of Rs. 79.65 on 09-Dec-2010.
Last one week high and low of the scrip stood at Rs. 109.25 and Rs. 96.20 respectively. The current market cap of the company is Rs. 3385.13 crore.
The promoters holding in the company stood at 52.41% while Institutions and Non-Institutions held 17.20% and 30.39% respectively.
Ruchi Soya Industries has reported results for the second quarter ended September 30, 2011.
The company’s net profit for the quarter has tumbled 94.06% at Rs 3.78 crore as compared to Rs 63.63 crore for the corresponding quarter of the previous year. The company’s net sales has increased by 59.65% at Rs 6075.89 crore for the quarter under review from Rs 3805.83 crore for the corresponding quarter of the previous fiscal.
The margin of the quarter has been impacted by the higher raw material prices, volatility in the commodity prices and marked to market (MTM) provisions due to steep fall in the USD-INR exchange rate. The provision for unrealized loss of Rs 84.93 crore on restatement of the monetary items at the close of the quarter is primarily on account of the USD borrowing.
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