Tatia Global Venture Stock Split

Posted by admin

March 9, 2010

Tatia Global Venture was locked at 5% upper limit at Rs 110.55 at 14:49 IST on BSE, after the company’s board approved a 10-for-1 stock split. The stock hit a high of Rs 110.55 so far during the day, which is a record high for the counter. The stock hit a low of Rs 100.05 so far during the day. The stock hit a 52-week low of Rs 12.26 on 13 August 2009. The stock has risen 20.95% in four trading sessions from a recent low of Rs 91.40 on 3 March 2010.

The current price of Rs 110.55 discounts the company’s Q3 December 2009 annualized EPS of Rs 0.11, by a PE multiple of 1005. Tatia Global Venture’s net profit jumped 300% to Rs 0.04 crore on 43642.9% surge in total income to Rs 30.62 crore in Q3 December 2009 over Q3 December 2008. The company is engaged in manufacturing innerwear.

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Stock Split