/ Orient Green Power Climbs 16% After Strong Q2 FY17 Results ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 24 November 2016

Orient Green Power Company Ltd is currently trading at Rs 10.07, up by Rs 1.45 or 16.82% from its previous closing of Rs 8.62 on the BSE. The company reported consolidated net profit of Rs 82 crore for Jul-Sep, as against a loss of Rs 17.8 crore a year ago.

During the quarter under review, sales were at Rs 155 crore compared with Rs 139 crore. The scrip opened at Rs 8.6 and has touched a high and low of Rs 10.22 and Rs 8.6 respectively. So far 926793 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 637.71 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 18.48 on 30-Dec-2015 and a 52 week low of Rs 7.84 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 8.95 and Rs 8.05 respectively.

The promoters holding in the company stood at 71.52 % while Institutions and Non-Institutions held 7.76 % and 20.73 % respectively. The stock is currently trading above its 200 DMA.

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