Stock Report

Jaiprakash Associates Q1 net up 52.17% at Rs.140 Crores



Posted On : 2007-07-15 22:50:56( TIMEZONE : IST )

Jaiprakash Associates Q1 net up 52.17% at Rs.140 Crores

Jaiprakash Associates Ltd has announced the unaudited financial results for the quarter ended June 30, 2007.

The Company has posted a net profit after tax of Rs 1400 million for the quarter ended June 30, 2007 as compared to Rs 920 million for the quarter ended June 30, 2006. Total Income has increased from Rs 9240 million for the quarter ended June 30, 2006 to Rs 10050 million for the quarter ended June 30, 2007.

The company has reported an Earnings Per Share (EPS) of Rs.6.38 for Q1 2007-2008 compared to Rs.4.82 during Q1 2006-2007.

The stock was trading at Rs.873.90, up by Rs.3.75 or 0.43%. The stock hit an intraday high of Rs.879.95 and low of Rs.866. The total traded quantity was 110324 compared to 2 week average of 341857.

Source : Equity Bulls

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