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IL&FS Investsmart swings up

Wednesday, June 17, 2009 3:32 pm
By ShareGyan.com NewsDesk

2,524 shares traded on BSE in the counter. The stock saw a standard everyday volume of 1.96lakh shares in the last single quarter.
The stock got an up of Rs.141.40 and a down of Rs.141.40 till now. The stock got a 52-week up of Rs.199.85 on 3rd July last year and a 52-week down of Rs.43.05 on 13th March.
The stock had ascended 28.65% as opposed to the BSE’s profit of 22.87%. It had also rushed 153.91% as opposed to the BSE’s profit of 67.25%.
HSCI and HSBC Violet Investments had obtained 29.35% and 43.85% shares owned by IL&FS and E Trade in IL&FS Investsmart in September last year. After the stake attainment, HSCI’s entire owning in IL&FS Investsmart rose to 50.01%, taking the whole stake owned by HSBC and HSCI mutually in the firm to 93.86%
IL&FS Investsmart posted net decline of Rs.0.01crore in Quarter 4 March as opposed to net gain to Rs.1.42crore in Quarter 4 March last year. Net sales fell 48.29% in Quarter 4 March over Quarter 4 March last year.

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