The company declared its results during trading hours today, 14 July 2011.
Meanwhile, the BSE Sensex was up 159.97 points, or 0.86%, to 18,755.99.
On BSE, 6.98 lakh shares were traded in the counter as against an average daily volume of 31,297 shares in the past one quarter.
The stock hit a high of Rs 165.50 and a low of Rs 138.20 so far during the day.
The company has equity capital of Rs 10.60 crore. Face value per share is Rs 10.
Commenting on the results, Mr Mukesh Dhruve, director of Repro India said, "Our expansion plan for the current quarter is almost into place. Our capacities are going to increase in both our plants, Mumbai as well as SEZ in Surat. We expect a growth of at least 30% both in India as well as exports", Dhruve added.
Meanwhile, the board of Repro India at its meeting held today, 14 July 2011 approved the acquisition of India printing operations of Macmillan Publishers India (MPIL), a subsidiary of renowned UK-based publisher. Under the arrangement, MPIL will outsource the printing of its education books to Repro, translating into a business of over Rs 250 crore over the next five years for Repro. The acquisition of this printing operation in Chennai would strengthen Repro's foothold into the south Indian market.
Repro India is an integrated content creation, aggregation and dissemination solutions organization operating in the global education space.
|