Hot Pursuit     24-Dec-10
Jindal Photo takes a breather after four-day 42% rally
Jindal Photo dropped 4.63% to Rs 233.65 at 11:13 IST on BSE, on profit booking after a four-day 41.90% rally.

Meanwhile, the BSE Sensex was down 56.15 points, or 0.28%, to 19,926.73

On BSE, 4.29 lakh shares were traded in the counter. The scrip had an average daily volume of 51,513 shares in the past one quarter.

The stock hit a high of Rs 243.70 and a low of Rs 231.55 so far during the day. The stock had a 52-week high of Rs 306.45 on 24 August 2010 and a 52-week low of Rs 151.25 on 23 December 2009.

The Jindal Photo scrip has been on a roll recently, advancing 41.90% in four trading sessions to Rs 245 on 23 December 2010 from Rs 172.65 on 16 December 2010. The scrip outperformed the market over the past one month till 23 December 2010, rising 17.17% as compared to the Sensex's 1.48% rise. It also outperformed the market in past one quarter, gaining 4.43% as against 0.61% rise in the Sensex.

The small-cap photographic equipment maker has an equity capital of Rs 10.26 crore. Face value per share is Rs 10.

Jindal Photo's net profit declined 50.60% to Rs 2.50 crore on a 16.50% rise in net sales to Rs 100.14 crore in Q2 September 2010 over Q2 September 2009.

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