Hot Pursuit     25-Oct-10
Morarjee Textiles spurts after turnaround Q2 show
Morarjee Textiles jumped 6.81% to Rs 29.80 at 14:12 IST on BSE, after the company reported consolidated net profit of Rs 2.77 crore for Q2 September 2010 compared with a net loss of Rs 1.57 crore in Q2 September 2009.

Meanwhile, the BSE Sensex was up 181.19 points, or 0.90% at 20,347.05.

On BSE, 87,708 shares were traded in the counter as against an average daily volume of 45,401 shares in the past one quarter.

The stock hit a high of Rs 30.75 and a low of Rs 28.45 so far during the day.

The company has an equity capital of Rs 36.34 crore. Face value per share is Rs 10.

Morarjee Textiles' income from operations rose 15.57% to Rs 96.21 crore in Q2 September 2010 over Q2 September 2009. The company declared its results during trading hours today, 25 October 2010.

Previous News
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