Hot Pursuit     07-Feb-17
Automotive Axles rises after good Q3 earnings
Automotive Axles rose 1.12% to Rs 671 at 11:44 IST on BSE after net profit increased 27.64% to Rs 10.53 crore on 5.12% rise in net sales to Rs 278.63 crore in Q3 December 2016 over Q3 December 2015.
The result was announced after market hours yesterday, 6 February 2017.

Meanwhile, the S&P BSE Sensex was down 59.91 points, or 0.21%, to 28,379.37

On BSE, so far 2,141 shares were traded in the counter, compared with an average volume of 2,095 shares in the past one quarter. The stock hit a high of Rs 684 and a low of Rs 668.05 so far during the day. The stock hit a 52-week high of Rs 799.90 on 16 September 2016. The stock hit a 52-week low of Rs 510.25 on 11 February 2016.

The small-cap company has an equity capital of Rs 15.11 crore. Face value per share is Rs 10.

Automotive Axles manufactures drive axles, non-drive axles, front steer axles, specialty & defence axles and drum & disc brakes. It provides these products to the major domestic and global manufacturers of trucks & buses.

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 ( Results - Announcements 28-May-24   07:38 )
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 ( Corporate News - 18-May-22   09:58 )
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 ( Analyst Meet / AGM - Conference Call 09-Nov-22   16:02 )
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 ( Analyst Meet / AGM - Conference Call 10-Nov-23   12:10 )
  Automotive Axles net profit rises 0.07% in the March 2008 quarter
 ( Results - Announcements 15-Apr-08   15:16 )
  Automotive Axles soars on large volumes; up over 27% in three months
 ( Hot Pursuit - 13-Mar-23   14:23 )
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 ( Hot Pursuit - 20-May-21   12:00 )
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 ( Results - Announcements 23-Aug-17   17:18 )
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