SENSEX NIFTY
May 15, 2012, 03.23 PM IST | Source: Moneycontrol.com

India Infoline up 11% after strong growth in Q4 earnings

Shares of India Infoline shot up more than 11% on Tuesday after excellent performance reported by the company in fourth quarter earnings.

Shares of India Infoline shot up more than 11% on Tuesday after excellent performance reported by the company in fourth quarter earnings.

Company posted a massive growth of 30.56% quarter-on-quarter in its consolidated net profit at Rs 47 crore for the fourth quarter of FY12.

Consolidated income from operations increased 32% to Rs 632 crore for the January-March quarter of 2012 as against Rs 479 crore in October-December quarter of 2011.

At 15:16 hours IST, the stock was quoting at Rs 51.05, up Rs 5.15, or 11.22%.
 
Even its trading volumes jumped 565% to 2,71,463 shares as compared to its 5-day average of 40,850 shares.

READ MORE ON  India Infoline
Set email alert for

ADS BY GOOGLE

video of the day

Modi premium over, market focusing on quality: Ridham Desai

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.