Panasonic Carbon Q2 PAT at Rs 5 crore

India Infoline News Service | Mumbai | October 18, 2016 14:42 IST

The company reported its net profit at Rs 5 crore for the quarter ended September 30.

Stock Exchange
Panasonic Carbon India Company reported its net profit at Rs 5 crore for the quarter ended September 30. The company's net profit in the corresponding quarter of the previous fiscal year was Rs 3.3 crore.

The sales of the company during the September quarter stands at Rs 13 crore, over Rs 12 crore in the year-ago period.

Stock Commentary:

Panasonic Carbon India Company Ltd is currently trading at Rs 556.1, up by Rs 10.4 or 1.91% from its previous closing of Rs 545.7 on the BSE.

The scrip opened at Rs 564 and has touched a high and low of Rs 579 and Rs 551.9 respectively. So far 89061(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 261.94 crore.

The BSE group 'XC' stock of face value Rs 10 has touched a 52 week high of Rs 660 on 16-Oct-2015 and a 52 week low of Rs 384.1 on 13-Jan-2016. Last one week high and low of the scrip stood at Rs 551 and Rs 516.1 respectively.

The promoters holding in the company stood at 65.21 % while Institutions and Non-Institutions held 0 % and 34.79 % respectively.

The stock is currently trading above its 50 DMA.

***Note: This is a NSE Chart



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