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

PTC India gains after good Q4 earnings

Image
Capital Market
Last Updated : May 24 2013 | 2:31 PM IST

The Q4 result was announced after market hours on Thursday, 23 May 2013.

Meanwhile, the S&P BSE Sensex was up 49.47 points or 0.25% at 19,723.80.

On BSE, 5.45 lakh shares were traded in the counter as against average daily volume of 1.19 lakh shares in the past one quarter.

The stock hit a high of Rs 58.90 and a low of Rs 56.35 so far during the day. The stock had hit a 52-week high of Rs 81.25 on 22 January 2013. The stock had hit a 52-week low of Rs 52.40 on 24 May 2012.

The stock had stock had underperformed the market over the past one month till 23 May 2013, sliding 5.78% compared with the Sensex's 2.58% rise. The scrip had also underperformed the market in past one quarter, declining 18.61% as against Sensex's 1.85% gain.

The company has equity capital of Rs 296.01 crore. Face value per share is Rs 10.

Also Read

PTC India's net profit rose 7% to Rs 128.74 crore on 15.2% growth in total income to Rs 8870.56 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

On consolidated basis, PTC India's net profit declined 2.9% to Rs 198.28 crore on 13.6% growth in total income to Rs 9214.94 crore in FY 2013 over FY 2012.

PTC India's board of directors at a meeting held on Thursday, 23 May 2013, recommended dividend of Rs 1.60 per share for FY 2013.

PTC India provides power trading solutions in India. Its primary focus is to develop a commercially vibrant power market in the country.

Powered by Capital Market - Live News

More From This Section

First Published: May 24 2013 | 2:10 PM IST

Next Story