Meanwhile, the BSE Sensex was down 79.20 points, or 0.78%, to 10,020.71.On BSE, 5,421 shares were traded in the counter. The stock had an average daily volume of 76,262 shares in the past one quarter.The stock hit a high of Rs 71 and a low of Rs 71 so far during the day. The stock hit a 52-week high of Rs 695.80 on 24 December 2007 and a 52-week low of Rs 47.30 on 11 December 2008.
The small-cap stock had outperformed the market over the past one month till 19 December 2008, gaining 24.13% as compared to the Sensex's return of 15.11%. It had underperformed the market in the past one quarter, falling 74.37% as compared to the Sensex's decline of 28.08%.The company's current equity is Rs 35.01 crore. Face value per share is Rs 10.The current price of Rs 71 discounts the company's Q2 September 2008 annualized EPS of Rs 4.11, by a PE multiple of 17.27.
Swiss Finance Corporation of Mauritius has increased its stake to 6.43% in the company after acquiring 6.93 lakh shares through open market purchases on 12 December 2008. Northgate Technologies made this announcement during trading hours today, 22 December 2008.Northgate Tehcnologies' net profit fell 40.13% to Rs 3.61 crore on 11% fall in net sales to Rs 3.48 crore in Q2 September 2008 over Q1 June 2008.The group operates in three segments viz. information technology services, telecommunications and online advertising.
No comments:
Post a Comment