Take Solutions 10:1 Stock Split Approved
Take Solutions gained a little like 0.44% in the falling market today to Rs 733.40 after the company said its board has approved splitting each of its shares into ten shares of face value Rs 1 each.
The stock hit a high of Rs 800 and a low of Rs 725.55 so far during the day. The stock had a 52-week high of Rs 1325 on 4 January 2008 and the stock hit a 52-week low of Rs 657.05 on 10 March 2008. The small-cap scrip had underperformed the market over the past one month till 23 May 2008, declining 7.26% compared to the Sensex’s decline of 0.43%. It had also underperformed the market in the past one quarter, declining 25.87% compared to Sensex’s decline of 4.03%.
The company’s current equity is Rs 12 crore. Face value per share is Rs 10. The current price of Rs 733.40 discounts its Q3 December 2007 annualised EPS of Rs 20.50, by a PE multiple of 35.78. Take Solutions’ net profit rose 14.53% to Rs 6.15 crore on 10.16% fall in net sales to Rs 18.83 crore in Q3 December 2007 over Q2 September 2007. Take Solutions is an IT firm focused on supply chain management and life sciences verticals.
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.
Comments
No comments yet.
Leave a comment