Hot Pursuit     11-Jul-08
IL&FS Investment Managers capitalises on record date for bonus issue
IL&FS Investment Managers surged 4.21% to Rs 224.10 at 10:55 IST on BSE after it fixed 29 July 2008 as record date for issue of bonus shares in the ratio of one equity share for every two equity shares held.

The company announced the record date during trading hours today, 11 July 2008.

Meanwhile, the BSE Sensex was down 108.71 points, or 0.77%, to 13,818.45.

On BSE, 2,548 shares were traded in the counter. The scrip had an average daily volume of 5,779 shares in the past one quarter.

The stock hit a high of Rs 238 and a low of Rs 218 so far during the day. The stock had a 52-week high of Rs 446 on 31 December 2007 and a 52-week low of Rs 153.10 on 29 August 2007.

The small-cap scrip had underperformed the market over the past one month till 10 July 2008, declining 17.29% compared to the Sensex’s decline of 8.29%. It had also underperformed the market in the past one quarter, declining 7.03% compared to Sensex’s decline of 11.9%.

The company has an equity capital of Rs 26.52 crore. Face value per share is Rs 10.

The current price of Rs 224.10 discounts its Q4 March 2008 annualised EPS of Rs 14.78, by a PE multiple of 15.16.

The company’s net profit rose 66.1% to Rs 9.8 crore on 89.8% rise in operating income to Rs 30.58 crore in Q4 March 2008 over Q4 March 2007.

IL&FS Investment Managers is a private-equity fund management firm. It mainly provides equity support to new projects. Its main objective is to seek capital appreciation of its equity investments from the growth of its portfolio companies and, ultimately, by exercising a clearly defined divestment option.

Previous News
  IL&FS Investment Managers reports consolidated net loss of Rs 15.16 crore in the September 2019 quarter
 ( Results - Announcements 14-Nov-19   09:57 )
  IL&FS Investment Managers schedules board meeting
 ( Corporate News - 05-Dec-18   10:24 )
  IL&FS Investment Managers to conduct AGM
 ( Corporate News - 05-Jul-23   19:37 )
  IL&FS Investment Managers schedules board meeting
 ( Corporate News - 02-Aug-23   15:02 )
  Board of IL&FS Investment Managers recommends final dividend
 ( Corporate News - 31-May-22   19:04 )
  IL&FS Investment Managers standalone net profit declines 2.04% in the March 2016 quarter
 ( Results - Announcements 03-May-16   17:08 )
  IL&FS Investment Managers consolidated net profit declines 57.07% in the March 2017 quarter
 ( Results - Announcements 14-Jun-17   16:07 )
  IL&FS Investment Managers consolidated net profit rises 47.04% in the June 2017 quarter
 ( Results - Announcements 01-Aug-17   16:08 )
  IL&FS Investment Managers standalone net profit declines 84.29% in the June 2017 quarter
 ( Results - Announcements 01-Aug-17   16:07 )
  Board of IL&FS Investment Managers recommends final dividend
 ( Corporate News - 03-May-16   17:41 )
  IL&FS Investment Managers to convene board meeting
 ( Corporate News - 18-Jul-24   10:31 )
Other Stories
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top