Ferro alloys zooms on reporting rise of 2673% for its Q1 net profit
 |
Ferro Alloys Corporation – Tips |
 |
Ferro Alloys Corporation – Price Details |
 |
Ferro Alloys Corporation – Technical Analysis |
Ferro Alloys Corporation is currently trading at Rs. 30.90, up by 1.95 points or 6.74 % from its previous closing of Rs. 28.95 on the BSE.
The scrip opened at Rs. 30.00 and has touched a high and low of Rs. 31.45 and Rs. 29.60 respectively. So far 943905 shares were traded on the counter.
The BSE group ‘B ‘ stock of face value Rs. 1 has touched a 52 week high of Rs. 33.00 on 22-Jul-2010 and a 52 week low of Rs. 8.70 on 04-Nov-2009.
Last one week high and low of the scrip stood at Rs. 33.00 and Rs. 25.65 respectively. The current market cap of the company is Rs. 568.77 crore.
The promoters holding in the company stood at 74.66% while Institutions and Non-Institutions held 0.39% and 24.95% respectively.
Ferro Alloys Corporation has reported results for the quarter ended June 30, 2010.
Ferro Alloys??? net profit has zoomed by 2673.02% to Rs 21.69 crore for the quarter ended June 30, 2010 as compared to Rs 0.78 crore for the quarter ended June 30, 2008. Its total income has surged by 72.82% to Rs 123.54 crore for the quarter ended June 30, 2010 as compared to Rs 7,1.48 crore for the quarter ended June 30, 2008.
Further, the company has recommended payment of dividend of Rs. 0.20 (i.e. 20%) per equity share of Re 1 each which shall be subject to the approval of the shareholders at the 54th Annual General Meeting to be held on September 17, 2010.
Click here for technical analysis and community tips for Ferro Alloys Corporation
Did not find what you were looking for?
