Fund raising plan lifts Ess Dee AluminiumPosted by twaluminum on August 5th, 2015
The stock had hit a 52-week high of Rs 389.40 on 29 May 2009 and a 52-week low of Rs 110.60 on 15 January 2009. The mid-cap stock had outperformed the market over the past one month till 17 October 2009, rising 4.70% as compared to the Sensex's 3.68% rise. It had also outperformed the market in the past one quarter, gaining 31.35% as compared to the Sensex's return of 17.50%. The company's equity capital is Rs 27.82 crore. Face value per share is Rs 10. The current price of Rs 377 discounts the company's Q1 June 2009 annualized EPS of Rs 23.52, by a PE multiple of 16.03. Ess Dee Aluminium's net profit declined 11.7% to Rs 16.36 crore on 7.7% rise in net sales to Rs 102.33 crore in Q1 June 2009 over Q1 June 2008.Ess Dee Aluminum manufactures aluminium foils for packaging purpose. The company cold-rolls aluminum into foil stock, and further processes it into printers stock and packaging for pharmaceuticals. Ess Dee also manufactures thermoforming polyvinyl chloride films.Promoters have pledged 31.61 lakh shares representing 11.36% of the equity capital of the company (as on 30 June 2009). Total promoters shareholding in the company is 60.20% (as on 30 June 2009) More info:6061 aluminum tubing Like it? Share it!More by this author |