DCM Shriram trades jubilantly on reporting stellar Q4 number

14 May 2012 Evaluate

DCM Shriram Consolidated is currently trading at Rs. 42.85, up by 2.65 points or 6.59% from its previous closing of Rs. 40.20 on the BSE.

The scrip opened at Rs. 43.00 and has touched a high and low of Rs. 43.00 and Rs. 41.70 respectively. So far 4589 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 59.00 on 27-Jul-2011 and a 52 week low of Rs. 37.50 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 43.40 and Rs. 39.55 respectively. The current market cap of the company is Rs. 697.62 crore.

The promoters holding in the company stood at 61.14% while Institutions and Non-Institutions held 11.97% and 26.89% respectively. 

DCM Shriram Consolidated has reported a 73.08% surge in its consolidated net profit at Rs 49.5 crore for the quarter ended March, 2012, on the back of better sales in its various businesses such as sugar, fertiliser, bioseeds and chloro-vinyl. The diversified major had posted a net profit of Rs 28.60 crore in the year ago period.

The company’s consolidated total income grew by 20.89% at Rs 1,337 crore in the fourth quarter of 2011-12 fiscal as against Rs 1,106 crore in the corresponding period of previous year.

The rise in company’s revenue was driven by growth in bioseed (19%), sugar (16.5%), chloro-vinyl (13%) businesses and higher MOP (Muriate of Potash) sales.

During 2011-12 fiscal, the company’s net profit stood at Rs 11.9 crore as compared with a net loss of Rs 14.3 crore in the previous fiscal. Revenues were up by 21.39% at Rs 5,039 crore in 2011-12 against Rs 4,151 crore in the previous year.

DCM Shriram Share Price

1065.45 -17.05 (-1.58%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2493.85
DCM Shriram 1065.45
Birla Corporation 1264.35
Surya Roshni 547.90
3M India 30745.80
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