Hot Pursuit     07-Aug-09
Federal-Mogul jumps 40% in six days after strong Q2 results
Federal-Mogul Goetze (India) was frozen at the 5% upper limit at Rs 88.90 on BSE, extending recent surge triggered by strong results for Q2 June 2009.

Meanwhile, the BSE Sensex was down 227.07 points, or 1.48%, to 15283.59.

On BSE, 70733 shares were traded in the counter with pending buy orders for 73293 shares at upper limit. The stock's average daily volume in the past one quarter was 11794 shares.

The stock had hit a 52-week high of Rs 88.90 today, 7 August 2009. The stock hit a low of Rs 87.90 so far during the day. The stock had hit a 52-week low of Rs 27.60 on 9 March 2009.

The stock had outperformed the market over the past one month till 6 August 2009, rising 93.16% as compared to the Sensex's 10.47% rise. It also outperformed the market in the past one quarter, gaining 122.02% as compared to the Sensex's return of 29.79%.

The small-cap auto component maker has an equity capital of Rs 55.63 crore. Face value per share is Rs 10.

The current price of Rs 88.90 discounts the company's Q2 June 2009 annualised EPS of Rs 12.14, by a PE multiple of 7.32

The Federal-Mogul Goetze (India) stock has been on a roll ever since it announced its results on 30 July 2009. The stock has advanced 40.01% in six trading days from Rs 63.35 on 29 July 2009.

The company's net profit soared 167.10% to Rs 16.88 crore on a 6.4% rise in net sales to Rs 187.61 crore in Q2 June 2009 over Q2 June 2008.

Federal-Mogul Goetze (India) is engaged in manufacturing auto components. The products include piston rings, sintered parts and cylinder liners for two, three and four wheelers, cars, tractors, light commercial vehicles, heavy commercial vehicles, stationary engines and high output locomotive diesel engines.

Previous News
  Federal-Mogul Goetze (India) reports consolidated net profit of Rs 20.66 crore in the March 2022 quarter
 ( Results - Announcements 21-May-22   08:51 )
  Federal-Mogul Goetze (India)
 ( Results - Analysis 30-May-24   12:27 )
  Federal-Mogul Goetze (India) consolidated net profit rises 139.63% in the December 2022 quarter
 ( Results - Announcements 14-Feb-23   07:47 )
  Federal-Mogul Goetze (India) announces board meeting date
 ( Corporate News - 16-May-18   12:53 )
  Federal-Mogul rises 2% in two days
 ( Hot Pursuit - 15-Dec-20   11:22 )
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 ( Results - Announcements 20-May-17   17:23 )
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 ( Results - Announcements 10-May-14   17:47 )
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 ( Hot Pursuit - 24-Feb-22   09:46 )
  Federal-Mogul Goetze (India) standalone net profit rises 30.06% in the December 2017 quarter
 ( Results - Announcements 08-Feb-18   15:18 )
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 ( Results - Announcements 01-Nov-07   15:00 )
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 ( Corporate News - 02-Aug-23   11:04 )
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