Meanwhile, the BSE Sensex was up 204.18 points, or 2.25%, to 9,296.20.On BSE, 1.30 lakh shares were traded in the counter. The stock had an average daily volume of 8.70 lakh shares in the past one quarter.The stock hit a high of Rs 58.45 and a low of Rs 54 so far during the day. The stock hit a 52-week high of Rs 344.80 on 3 January 2008 and a 52-week low of Rs 50.05 on 28 November 2008.
The small-cap stock had underperformed the market over the past one month till 28 November 2008, declining 16.51% as compared to the Sensex's return of 0.94%. It had also underperformed the market in the past one quarter, declining 40.83% as compared to the Sensex's decline of 35.28%.The company's current equity is Rs 168.30 crore.
Face value per share is Rs 10.Moser Baer reportedly plans to introduce high-definition DVD players this year, priced at Rs 3,990, as well as 2.1 and 5.1 channel speakers. It will also introduce new range of LCD televisions in premium and lower-end categories. These will be priced between Rs 14,500 and Rs 24,500 for 19 inch to 26 inch LCDs, reports added.The company recently set up a digital video processing facility in Chennai.
The facility will provide real time audio and video restoration of content apart from DVD compression and authoring services. The new facility will be connected to Moser Baer's media and entertainment services division serving domestic and international customers. It will also provide compression and authoring services to Moser Baer's own entertainment business.Moser Baer India in October 2008.
Secured an export order worth $500 million for supply of solar modules to a major European solar system integrator.Moser Baer India reported net loss of Rs 41.84 crore in Q2 September 2008 as compared to net profit of Rs 3.27 crore in Q2 September 2008. Net sales rose 33.2% to Rs 635.95 crore in Q2 September 2008 over Q2 September 2007.The company manufactures storage media for data applications and audio/video applications. It is India's second largest manufacturer of IT & entertainment peripherals in terms of sales.
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