 "Pitti Laminations soars 20% on robust Q3 results; stock split plan")
Pitti Laminations is locked in upper circuit of 20% at Rs 106 on BSE after reporting a robust net profit at Rs 2.90 crore for the third quarter ended December 31, 2014 (Q3). The company had profit of Rs 34 lakh in a year ago quarter.
Total operational income of the company during the rose 92% at Rs 93.40 crore against Rs 48.74 crore in the corresponding quarter of previous fiscal.
Meanwhile, the board has approved the sub-division of nominal value of equity share from face value of Rs 10 to face value of Rs 5 subject to the consent of members to be obtained by way of postal ballot.
Till 1519 hours, a combined 278,174 shares changed hands and there are pending buy orders for 80,713 shares on BSE and NSE.
Total operational income of the company during the rose 92% at Rs 93.40 crore against Rs 48.74 crore in the corresponding quarter of previous fiscal.
Meanwhile, the board has approved the sub-division of nominal value of equity share from face value of Rs 10 to face value of Rs 5 subject to the consent of members to be obtained by way of postal ballot.
Till 1519 hours, a combined 278,174 shares changed hands and there are pending buy orders for 80,713 shares on BSE and NSE.