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TTK Prestige advances on bargain hunting

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Capital Market

TTK Prestige gained 1.88% to Rs 3,137 at 14:53 IST on BSE, on bargain hunting after falling 5.41% in prior three trading days.

Meanwhile, the BSE Sensex was up 98.44 points or 0.53% at 18,512.89

On BSE, 44,269 shares were traded in the counter as against average daily volume of 8,907 shares in the past one quarter.

The stock hit a high of Rs 3,189 and a low of Rs 3,085.15 so far during the day. The stock had hit a record high of Rs 3,996 on 10 October 2012. The stock had hit a 52-week low of Rs 2,650 on 4 June 2012.

 

The stock had underperformed the market over the past one month till 10 April 2013, sliding 9.9% compared with the Sensex's 6.45% fall. The scrip had also underperformed the market in past one quarter, declining 14.84% as against Sensex's 6.35% fall.

The mid-cap company has equity capital of Rs 11.32 crore. Face value per share is Rs 10.

Shares of TTK Prestige had declined 5.41% in three trading days to Rs 3079.10 on 10 April 2013 from a recent high of Rs 3255.45 on 5 April 2013.

TTK Prestige reported 27.6% rise in net profit to Rs 44.10 crore on 30.7% rise in total income to Rs 438.07 crore in Q3 December 2012 over Q3 December 2011.

TTK Prestige makes kitchen appliances under 'Prestige' brand.

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First Published: Apr 11 2013 | 2:53 PM IST

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