Shipping Corporation trades well
Wednesday, July 1, 2009 3:35 pm11.16lakh shares traded on BSE in the counter as opposed to a standard everyday volume of 5.21lakh shares in the last single quarter.
The stock got an up of Rs.135.55 and a down of Rs.124.25 till now. The stock saw a 52-week up of Rs.163.53 on 8th August last year and a 52-week down of Rs.67 on 8th December last year.
The stock had dropped 8.78% as opposed to the BSE’s 0.90% fall. It had increased 62.77% as opposed to the BSE increase of 51.48%.
The present price of Rs.132.35 slashes the company’s year closed March EPS of Rs.22.21 by a PE manifold of 5.95.
Shipping Corporation of India’s net earnings dropped 19.3% on a 23.6% fall in sales to Rs.806.95crore in Quarter 4 March over Quarter 4 March last year.
