Ineos ABS Q4 net profit at Rs 20 cr

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Ineos ABS Q4 net profit at Rs 20 cr

Ineos ABS, erstwhile Bayer ABS, has announced its fourth quarter results of 2009. It has reported net profit of Rs 20 crore as against loss of Rs 4 crore.

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Ineos ABS , erstwhile Bayer ABS, has announced its fourth quarter results of 2009. It has reported net profit of Rs 20 crore as against loss of Rs 4 crore.

At 13:12 hours IST, the share was trading at Rs 206.20, up Rs 32.00, or 18.37%. Its volumes jumped 2,500.70% to 34,839 shares, compared to its 5-day average of 1,340 shares.

The company's trailing 12-month (TTM) EPS was at Rs 14.00 per share, till the September quarter results of 2009.
 
The stock's price-to-earnings (P/E) ratio stands at 14.64. The book value of the company is Rs 131.15 per share. Price-to-book value of the company was at 1.56.
 
The dividend yield of the company was at 1.22%.