IL&FS Transportation Networks Q2 FY17 PAT at Rs 57 crore

India Infoline News Service | Mumbai | December 02, 2016 16:08 IST

IL&FS Transportation Networks has posted a net profit of Rs 57 crore for the quarter ended September 30, 2016 as compared to Rs 105.7 crore for the quarter ended September 30, 2015.

IL&FS Transportation
IL&FS Transportation Networks Ltd has announced the following Unaudited Standalone results for the quarter ended September 30, 2016:

The company has posted a net profit of Rs 57 crore for the quarter ended September 30, 2016 as compared to Rs 105.7 crore for the quarter ended September 30, 2015.

Total Income has decreased from Rs 1,343 crore for the quarter ended September 30, 2015 to Rs 1,128.9 crore for the quarter ended September 30, 2016.

Stock Commentary:

IL&FS Transportation Networks Ltd is currently trading at Rs 96.05, down by Rs 5.25 or 5.18% from its previous closing of Rs 101.3 on the BSE.

The scrip opened at Rs 101.75 and has touched a high and low of Rs 101.75 and Rs 95.2 respectively. So far 924454 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 3332.37 crore.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 117.15 on 26-Oct-2016 and a 52 week low of Rs 64 on 26-Feb-2016. Last one week high and low of the scrip stood at Rs 105.9 and Rs 96 respectively.

The promoters holding in the company stood at 73.22 % while Institutions and Non-Institutions held 7.79 % and 19 % respectively.

The stock is currently trading below its 50 DMA.

***Note: This is a NSE Chart

 

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