IFB Agro Industries Q1 net profit up 20.5%

The total income was up 39.5% at Rs. 213.4 Cr as against Rs. 153 Cr (YoY).

Jul 20, 2016 05:07 IST India Infoline News Service

IFB Agro Industries Ltd posted results for the quarter ended 30th June, 2016.
The net profit stood at Rs. 8.8 Cr as against Rs. 7.3 Cr (YoY).

The total income was up 39.5% at Rs. 213.4 Cr as against Rs. 153 Cr (YoY).

IFB Agro Industries Ltd ended at Rs. 435.4, up by Rs. 20.3 or 4.89% from its previous closing of Rs. 415.1 on the BSE.
The scrip opened at Rs. 420 and touched a high and low of Rs. 439 and Rs. 420 respectively. A total of 14264(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 388.95 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 518.9 on 06-Jan-2016 and a 52 week low of Rs. 256 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 425 and Rs. 405 respectively.
The promoters holding in the company stood at 64.99 % while Institutions and Non-Institutions held 1.47 % and 33.54 % respectively.
The stock traded above its 200 DMA.

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