Business Standard

Saturday, January 18, 2025 | 10:48 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Swan Energy crawls higher on turnaround in Q1

Image

Capital Market

Swan Energy rose 1.09% to Rs 143.65 at 11:00 IST on BSE after the company reported net profit of Rs 3.1 crore in Q1 June 2017 compared with net loss of Rs 1.88 crore in Q1 June 2016.

The result was announced after market hours yesterday, 13 September 2017.

Swan Energy's total income from operations rose 16.7% to Rs 81.71 crore in Q1 June 2017 over Q1 June 2016.

Meanwhile, the S&P BSE Sensex was up 116.62 points, or 0.36% to 32,303.03. The S&P BSE Mid-Cap index was up 145.38 points, or 0.91% to 16,072.08.

On the BSE, 4,563 shares were traded in the counter so far, compared with average daily volumes of 64,690 shares in the past one quarter. The stock had hit a high of Rs 144.95 and a low of Rs 142.50 so far during the day. The stock had hit a record high of Rs 213.40 on 14 December 2016. The stock had hit a 52-week low of Rs 58.50 on 29 September 2016.

 

The mid-cap company has equity capital of Rs 24.43 crore. Face value per share is Re 1.

Swan Energy is engaged in the manufacturing of textile products. The company is also engaged in the real estate development and energy businesses.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 14 2017 | 10:58 AM IST

Explore News