Cox & Kings plunges 3.3% after weak Q2 FY17 numbers

India Infoline News Service | Mumbai | November 29, 2016 17:51 IST

The company reported its net profit declined 77% to Rs 27 crore in the quarter ended September 2016 as against Rs 117 crore during the previous quarter ended September 2015.

Cox & Kings Ltd ended at Rs 163.25, down by Rs 5.5 or 3.26% from its previous closing of Rs 168.75 on the BSE. The company reported its net profit declined 77% to Rs 27 crore in the quarter ended September 2016 as against Rs 117 crore during the previous quarter ended September 2015.

The scrip opened at Rs 166.3 and touched a high and low of Rs 168.8 and Rs 159.1 respectively. A total of 1116128 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2979.53 crore.

The BSE group 'A' stock of face value Rs 5 touched a 52 week high of Rs 257.45 on 27-Nov-2015 and a 52 week low of Rs 140.5 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs 174.3 and Rs 158.3 respectively.

The promoters holding in the company stood at 51.26 % while Institutions and Non-Institutions held 31.28 % and 17.46 % respectively.

The stock traded below its 50 DMA.
 

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