28 29 30 31 01 02 03
Economic Events
list No economic event today
list Grasim Inds | Andhra Bank | J & K Bank | Persistent Sys
list Issue Open : Vishal Fabrics

PTC India gains after good Q4 earnings

Capital Market/ 14:10 , May 24, 2013

PTC India rose 2.58% to Rs 57.65 at 14:12 IST on BSE after net profit rose 23.3% to Rs 37.05 crore on 50.9% growth in total income to Rs 2201.13 crore in Q4 March 2013 over Q4 March 2012.

The Q4 result was announced after market hours on Thursday, 23 May 2013.

Meanwhile, the S&P BSE Sensex was up 49.47 points or 0.25% at 19,723.80.

On BSE, 5.45 lakh shares were traded in the counter as against average daily volume of 1.19 lakh shares in the past one quarter.

The stock hit a high of Rs 58.90 and a low of Rs 56.35 so far during the day. The stock had hit a 52-week high of Rs 81.25 on 22 January 2013. The stock had hit a 52-week low of Rs 52.40 on 24 May 2012.

The stock had stock had underperformed the market over the past one month till 23 May 2013, sliding 5.78% compared with the Sensex's 2.58% rise. The scrip had also underperformed the market in past one quarter, declining 18.61% as against Sensex's 1.85% gain.

The company has equity capital of Rs 296.01 crore. Face value per share is Rs 10.

PTC India's net profit rose 7% to Rs 128.74 crore on 15.2% growth in total income to Rs 8870.56 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

On consolidated basis, PTC India's net profit declined 2.9% to Rs 198.28 crore on 13.6% growth in total income to Rs 9214.94 crore in FY 2013 over FY 2012.

PTC India's board of directors at a meeting held on Thursday, 23 May 2013, recommended dividend of Rs 1.60 per share for FY 2013.

PTC India provides power trading solutions in India. Its primary focus is to develop a commercially vibrant power market in the country.


Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5
Average rating : 4.3

Recent News Videos