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Talwalkars surges on reporting 20% rise in Q3 consolidated net profit

05 Feb 2014 Evaluate

Talwalkars is currently trading at Rs. 141.85, up by 3.10 points or 2.23% from its previous closing of Rs. 138.75 on the BSE.

The scrip opened at Rs. 142.65 and has touched a high and low of Rs. 144.00 and Rs. 140.20 respectively. So far 8,161 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 176.80 on 08-Feb-2013 and a 52 week low of Rs. 110.00 on 30-Aug-2013.

Last one week high and low of the scrip stood at Rs. 143.90 and Rs. 130.50 respectively. The current market cap of the company is Rs. 371 crore.

The promoters holding in the company stood at 54.78% while Institutions and Non-Institutions held 17.13% and 28.10% respectively.

 The company has reported 10.38% rise in its net profit at Rs 2.87 crore for the quarter as compared to Rs 2.60 crore for the same quarter in the previous year. Total income of the company has increased by 25.74% at Rs 28.14 crore for quarter under review as compared to Rs 22.38 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 20.07% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 3.53 crore for the quarter ended December 31, 2013 as compared to Rs 2.94 crore for the same quarter in the previous year. Total income of the group has increased by 27.69% at Rs 33.02 crore for quarter under review as compared to Rs 25.86 crore for the quarter ended December 31, 2012.

Talwalkars Better Share Price

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