PTC India gains on reporting 56% rise in Q2 net profit

17 Nov 2014 Evaluate

PTC India is currently trading at Rs. 97.20, up by 4.10 points or 4.40% from its previous closing of Rs. 93.10 on the BSE.

The scrip opened at Rs. 96.00 and has touched a high and low of Rs. 98.00 and Rs. 95.70 respectively. So far 3,69,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.40 on 11-Jun-2014 and a 52 week low of Rs. 52.05 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 98.00 and Rs. 90.30 respectively. The current market cap of the company is Rs. 2,878.00 crore.

The promoters holding in the company stood at 16.22% while Institutions and Non-Institutions held 62.20% and 21.58% respectively.

The company has posted a rise of 55.74% in its net profit at Rs 96.31 crore for the quarter ended September 30, 2014 as compared to Rs 61.84 crore for the same quarter in the previous year. Total income has increased by 34.74% at Rs 4256.46 crore for quarter under review as compared to Rs 3159.07 crore for the quarter ended September 30, 2013.

PTC India acts as intermediary between buyer and sellers of power. In case of cross-border trading, the company plays the role of a nodal agency. It offers advisory services for setting up independent power producing plants.

PTC India Share Price

142.85 -4.75 (-3.22%)
23-Dec-2024 11:07 View Price Chart
Peers
Company Name CMP
NTPC 335.35
Tata Power 403.80
Power Grid Corp 317.00
Adani Power 503.80
Torrent Power 1491.90
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