Shares of Bharat Bijlee touched 52-week high of Rs 1,549, rising more than 12 percent in the early trade on Thursday on the back of strong December quarter (Q3FY18) numbers.
The company has reported 189 percent jump in its Q3 net profit at Rs 9.6 crore versus Rs 3.32 crore in the same quarter last fiscal.
Revenue was up 35 percent at Rs 228 crore versus Rs 169 crore.
The operating profit (EBITDA) rose 133 percent at Rs 14 crore and OPM was up 160 bps at 6.1 percent.
The company's trailing 12-month (TTM) EPS was at Rs 30.12 per share. (Dec, 2017). The stock's price-to-earnings (P/E) ratio was 49.30.
The latest book value of the company is Rs 516.94 per share. At current value, the price-to-book value of the company was 2.87.
At 09:32 hrs Bharat Bijlee was quoting at Rs 1,477.85, up Rs 96.10, or 6.95 percent.
Posted by Rakesh Patil
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