SE Investments Stock Split
SE Investments jumped to Rs. 631 on BSE, after the company said its board will meet tomorrow, 20 March 2010, to consider a 5-for-1 stock split. The stock hit a high of Rs 631 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 582.55 so far during the day. The stock had hit a lifetime low of Rs 144 on 27 March 2009.
The company’s equity capital is Rs 10.15 crore. Face value per share is Rs 10. The current price of Rs 621.75 discounts the company’s Q3 December 2009 annualized EPS of Rs 57.86, by a PE multiple of 10.75. SE Investments’ net profit jumped 222.6% to Rs 7.58 crore on 84.5% surge in total income to Rs 24.45 crore in Q3 December 2009 over Q3 December 2008. The company is engaged in the business of hire purchase and leasing of motor vehicles and it also provides personal loans, business loans, loans against property to individuals/corporate bodies.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
[...] date for the purpose of issue of bonus share in the ratio of 3:1. S.E. Investments had declared stock split in March 2010 as well. *To get the password for buy calls, please subscribe to this blog. You will [...]