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CRISIL slips after dull Q1 earnings

Capital Market/ 10:19 , Jul 19, 2012

CRISIL fell 2.15% at Rs 1,007.30 at 10:17 IST on BSE after consolidated net profit fell 1.67% to Rs 43.70 crore on 6.20% increase in total income to Rs 216.55 crore in Q2 June 2012 over Q2 June 2011.

The result was announced after trading hours on Wednesday, 18 July 2012.

Meanwhile, the BSE Sensex was up 101.32 points, or 0.59%, to 17,286.33.

On BSE, 1,347 shares were traded in the counter as against an average daily volume of 7,182 shares in the past one quarter.

The stock hit a high of Rs 1,022 and a low of Rs 992.05 so far during the day. The stock had hit a record high of Rs 1,261.80 on 28 May 2012. The stock had hit a 52-week low of Rs 720 on 21 July 2011.

The stock had underperformed the market over the past one month until 18 July 2012, falling 3.77% compared with the Sensex's 2.87% rise. The scrip had also underperformed the market in past one quarter, sliding 3.81% as against 1.19% fall in the Sensex.

The mid-cap company has an equity capital of Rs 7.02 crore. Face value per share is Re 1.

CRISIL said that after adjusting for one-time gain on sale of assets in the previous quarter, net profit after tax grew by 3.60% in Q2 June 2012 over Q2 June 2011.

The board of CRISIL has declared the second interim dividend of Rs 3 per equity shares of face value of Re 1 each for the financial year ending 31 December 2012.

CRISIL, a Standard & Poor's Company, is a global analytical company providing ratings, research, and risk and policy advisory services. It also provides research to the world's largest banks and leading corporations.

 



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