Parag Milk Foods rises 3% on Q4 results

The company reported net profit at Rs 16.09 crore for the quarter ended March.

Jun 27, 2016 10:06 IST India Infoline News Service

Parag Milk Foods gained 3% to Rs. 267 on Monday. The company reported net profit at Rs 16.09 crore for the quarter ended March. Income from operations rose by 14% to Rs. 1,645.13 crore.

The scrip opened at Rs. 262 and has touched a high and low of Rs. 269.9 and Rs. 262 respectively. So far 261973(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2181.93 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 278 on 21-Jun-2016 and a 52 week low of Rs. 202.1 on 24-May-2016. Last one week high and low of the scrip stood at Rs. 278 and Rs. 233.4 respectively.

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

The stock is currently trading above its 200 DMA.

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