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EIH gains despite Q3 net drop

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:31 AM IST

EIH ended at Rs 127, higher by Rs 1 or 1.4%, on the BSE.

The stock had opened at Rs 124, and touched a high of Rs 129 and a low of Rs 121 during the day.

The counter saw trades of 0.61 lakh shares as against the two-week average of 0.47 lakh shares.

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(Updated at 0933am)

EIH has slipped on a dissapointing Q3 results.

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The stock opened at Rs 124 and touched a high of Rs 126. However, the stock dropped 4% from the previous close to a low of Rs 121. The stock is now trading with a loss of 2.5% at Rs 123.

Over 16,000 shares have been traded on the BSE so far.

The net profit declined 33% to Rs 22.33 crore for the quarter ended December 31, 2009 fom Rs 33.27 crore for the corresponding quarter a year ago.

Total incomes was down 7% at Rs 239.12 crore in Q3FY10 from Rs 257.29 crore in Q3FY09.

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First Published: Jan 28 2010 | 3:54 PM IST

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