SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Piramal Glass soars on reporting two fold jump in Q2 consolidated net profit

21 Oct 2013 Evaluate

Piramal Glass is currently trading at Rs 101.20, up by 7.05 points or 7.49% from its previous closing of Rs 94.15 on the BSE.

The scrip opened at Rs 94.15 and has touched a high and low of Rs 105.90 and Rs 90.40 respectively. So far 117929 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 106.00 on 30-Sep-2013 and a 52 week low of Rs 74.35 on 10-Jun-2013.

Last one week high and low of the scrip stood at Rs 102.70 and Rs 92.30 respectively. The current market cap of the company is Rs 821.30 crore.

The promoters holding in the company stood at 74.16% while Institutions and Non-Institutions held 2.86% and 22.98% respectively.

Piramal Glass has reported results for the second quarter ended September 30, 2013.

The company has reported around 9 fold jump in its net profit at Rs 19.13 crore for the quarter as compared to Rs 2.17 crore for the same quarter in the previous year. Total income from operation of the company has increased by 9.21% at Rs 296.39 crore for quarter under review as compared to Rs 271.40 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review grew over two fold at Rs 9.12 crore against Rs 4.31 crore in the second quarter of previous fiscal. Group’s total income from operation surged by 11.39% at Rs 469.97 crore for the quarter from Rs 421.93 crore in the similar quarter of previous year.

Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×