Don’t miss the latest developments in business and finance.

Munjal Showa slumps after poor Q4 results

Image
Capital Market
Last Updated : May 21 2016 | 12:01 AM IST

Munjal Showa was down 5.69% to Rs 180.80 at 15:21 IST on BSE after net profit fell 35.4% to Rs 13.90 crore on 5.96% decline in net total income from operations to Rs 375.36 crore in Q4 March 2016 over Q4 March 2015.

The result was announced during market hours today, 20 May 2016.

Meanwhile, the S&P BSE Sensex was down 101.56 points or 0.4% at 25,298.16.

On BSE, so far 9,652 shares were traded in the counter as against average daily volume of 3,455 shares in the past one quarter. The stock hit a high of Rs 193 and a low of Rs 177.70 so far during the day. The stock had hit a 52-week low of Rs 150 on 29 February 2016. The stock had hit a 52-week high of Rs 233.50 on 29 July 2015.

The small-cap company has equity capital of Rs 8 crore. Face value per share is Rs 2.

Munjal Showa is a pioneer in the manufacture of shock absorbers.

Powered by Capital Market - Live News

Also Read

First Published: May 20 2016 | 3:17 PM IST

Next Story