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TTK Prestige gains after strong Q4 earnings

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Capital Market

The company announced Q4 results during trading hours today, 16 May 2013.

Meanwhile, the S&P BSE Sensex was up 25.77 points or 0.13% at 20,238.73.

On BSE, 23,318 shares were traded in the counter as against average daily volume of 5,631 shares in the past one quarter.

The stock hit a high of Rs 3,495 and a low of Rs 3,348.30 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 15 May 2013, surging 8.38% compared with the Sensex's 10.11% rally. The scrip had also underperformed the market in past one quarter, sliding 1.7% as against Sensex's 3.83% rise.

 

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

TTK Prestige's net profit rose 17.38% to Rs 133.09 crore on 23.04% growth in total income to Rs 1363.21 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

TTK Prestige's board of directors at a meeting held today, 16 May 2013, recommended dividend of Rs 17.50 per share for FY 2013.

TTK Prestige makes kitchen appliances under 'Prestige' brand.

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First Published: May 16 2013 | 2:01 PM IST

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