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Fraternal Investment (P) Ltd sold 300,000 shares of C Mahendra Exports at Rs 30.90 on the NSE.
C Mahendra Exports has reported a sales standalone turnover of Rs 398.76 crore and a net profit of Rs 1.00 crore for the quarter ended Dec '13
C Mahendra Exports has reported a sales standalone turnover of Rs 804.96 crore and a net profit of Rs 30.86 crore for the quarter ended Jun '13
On April 10, 2013 LTS Investment Fund Ltd bought 315,000 shares of C Mahendra Exports at Rs 90.10 on the BSE.
C Mahendra Exports has reported a sales standalone turnover of Rs 474.04 crore and a net profit of Rs 5.37 crore for the quarter ended Dec '12
C Mahendra Exports has reported a sales turnover of Rs 468.45 crore and a net profit of Rs 10.68 crore for the quarter ended Sep '12
In an interview with CNBC-TV18, Sandeep Shah, Director, C Mahendra Exports says, the top-line for 2011 would be around Rs 2,800 crore. “For 2012, we are expecting around Rs 3,500 crore,” he adds.
Joyalukkas India has obtained the Securities and Exchange Board of India’s (SEBI) approval for its initial public offer (IPO) sized between Rs 600-650 crore, a source in the company told moneycontrol.com. The Kochi-based gold and diamond retail jewellery chain plans to launch the issue by the end of May or early June, the source added.
C Mahendra Exports touched an intraday high of Rs 238.80 and an intraday low of Rs 219. At 12:25 hrs the share was quoting at Rs 234.50, up Rs 17.85, or 8.24%.
Diamond jewellery player C Mahendra Exports was up 2.50% or Rs 4.15 to end at Rs 169.95 on the BSE. However, the stock gained 54.5% in the last 10 days.
C Mahendra Exports touched an intraday high of Rs 133.80 and an intraday low of Rs 115. At 11:54 hrs the share was quoting at Rs 132.35, up Rs 18.05, or 15.79%.
Equity shares of diamond jewellery player C Mahendra Exports saw mild response from traders, closed at Rs 111.60, with small premium of 1.45% over an issue price of Rs 110 a share on National Stock Exchange.
CNBC-TV18’s managing editor Udayan Mukherjee finds that even though it is an unremarkable company, it’s a medium sized diamond jewellery manufacturer and should do more than Rs 100-120 crore in PAT this year.
The 150 lakh equity shares' initial public offering of diamond jewellery player C Mahendra Exports opens for subscription. MLR Securities has recommended avoiding the issue .
