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Nectar Life Q3 net profit at Rs.17.4 crore

The total income for the quarter was at Rs.397.3 crore as against Rs.444.4 Cr (YoY).

February 08, 2016 4:09 IST | India Infoline News Service
Nectar Life posted results for the third quarter ended 31st December, 2015.
The net profit for the quarter stands at Rs.17.4 crore as compared to loss of Rs. 16.9 crore (YoY).
The total income for the quarter was at Rs.397.3 crore as against Rs.444.4 Cr (YoY).

The scrip opened at Rs. 44.1 and touched a high and low of Rs. 44.2 and Rs. 42.5 respectively. A total of 532648(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 973.46 crore.
The BSE group 'B' stock of face value Rs. 1 touched a 52 week high of Rs. 60.9 on 08-Dec-2015 and a 52 week low of Rs. 27 on 27-Feb-2015. Last one week high and low of the scrip stood at Rs. 47.85 and Rs. 41 respectively.
The promoters holding in the company stood at 44.35 % while Institutions and Non-Institutions held 14.36 % and 20.78 % respectively.
The stock traded above its 50 DMA.

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