/ Opto Circuits zooms on reporting 46% rise in Q1 consolidated net profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 17 July 2018


Opto Circuits (India) is currently trading at Rs. 13.81, up by 0.65 points or 4.94% from its previous closing of Rs. 13.16 on the BSE.The scrip opened at Rs. 13.49 and has touched a high and low of Rs. 13.81 and Rs. 13.48 respectively. So far 277052 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.35 on 26-Jun-2018 and a 52 week low of Rs. 6.84 on 05-Oct-2017.

Last one week high and low of the scrip stood at Rs. 13.81 and Rs. 12.05 respectively. The current market cap of the company is Rs. 397.03 crore.The promoters holding in the company stood at 21.53%, while Institutions and Non-Institutions held 1.74% and 76.73% respectively.

The company has reported a net profit of Rs 8.41 crore for the quarter under review as against a net loss of Rs 0.65 crore for the same quarter in the previous year. Total income of the company reported around 3-fold jump at Rs 29.04 crore for Q1FY19 as compared Rs 10.11 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 45.78% in its net profit at Rs 12.96 crore for the quarter under review as compared to Rs 8.89 crore for the same quarter in the previous year. Total consolidated income of the company increased by 48.55% at Rs 71.96 crore for Q1FY19 as compared Rs 48.44 crore for the corresponding quarter previous year.

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