Meanwhile the BSE Sensex was down 95.07 points, or 0.98%, to 9,594.79,On BSE, 7330 shares of the scrip were traded. The stock had an average daily volume of 6824 shares on BSE in past one quarter.The stock hit a high of Rs 175 and low of Rs 148.50 so far during the day. The stock had hit a 52-week high of Rs 849.90 on 3 January 2008 and a 52-week low of Rs 105.25 on 31 October 2008.
The scrip had underperformed the market over the past one month till 23 December 2008, declining 13.34% as compared to the Sensex's return of 8.65%. It also underperformed the market in the past one quarter, sliding 48.61% as compared to the Sensex's decline of 28.62%.The small-cap engineering firm has an equity capital of Rs 12.82 crore. Face value per share is Rs 10.At the current price of Rs 169.95, the scrip trades at a PE multiple of 16.71, based on Q2 September 2008 annualised EPS of Rs 10.17.
As per reports, the shipping unit of diversified French conglomerate Groupe Louis Dreyfus SA is set to buy 49% in ABG Infralogistics' bulk port handling business for Rs 90 crore. Louis Dreyfus Armateurs SA builds and operates vessels able to load dry bulk cargoes.ABG Infralogistics' net profit plunged 57.80% to Rs 3.26 crore on 51.20% rise in sales to Rs 38.14 crore in on Q2 September 2008 over on Q2 September 2007.The company provides services for execution of turnkey projects, including plant erection; hire of cranes, ports infrastructure development, heavy goods lifting and transportation.
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