Guj NRE Coke rises on healthy Q1 results

BSE 23 May 12 | 12:00 AM

16.15		-0.55 (-3.29%)
Mkt Price (Rs)		Chg Rs (Chg %)

Code: 512579

Face Value: N.A.

NSE 23 May 12 | 12:00 AM

16.15		-0.55 (-3.29%)
Mkt Price (Rs)		Chg Rs (Chg %)

Code: GUJNRECOKE

Performance
1 Week	:	Rs	16.75	(-3.58%)
1 Month	:	Rs	20.60	(-21.60%)
1 Year	:	Rs	47.75	(-66.18%)

Guj NRE Coke rises on healthy Q1 results

SI Reporter / Mumbai 18 Jul 11 | 09:29 AM

Be the first to comment

Gujarat NRE Coke is trading higher by 3% at Rs 47.10 after reporting 93% year-on-year growth in net profit at Rs 38.66 crore for the first quarter ended June 2011. The company had reported a net profit of Rs 20.04 crore in the same quarter of the previous fiscal.

However, the net income declined marginally by 4% at Rs 436 crore during the quarter compared to Rs 452 crore in the corresponding quarter of the previous year, the company said in a filing to the stock exchanges.

The stock opened at Rs 46.90 and hit a high of Rs 47.90 on the BSE. Around 137,000 shares have changed hands on the counter in opening deals.