Aro Granite Industries zooms 16% post Q1 results

The net profit was at Rs.5 Crore as against Rs.1.4 Crore (YoY).

Jul 18, 2016 03:07 IST India Infoline News Service

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Aro Granite Industries Ltd stock ended higher by 16% at Rs.77 after the company posted its Q1 results.The net profit was at Rs.5 Crore as against Rs.1.4 Crore (YoY).

The scrip opened at Rs. 68 and has touched a high and low of Rs. 78.7 and Rs. 66.1 respectively. So far 1839042(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 102.51 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.65 on 15-Jul-2016 and a 52 week low of Rs. 37 on 01-Mar-2016. Last one week high and low of the scrip stood at Rs. 69.65 and Rs. 59.1 respectively.
The promoters holding in the company stood at 40.95 % while Institutions and Non-Institutions held 1.94 % and 57.11 % respectively.
The stock is currently trading above its 200 DMA.

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