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Jay Bharat Maruti zooms on reporting 72% rise in Q4 net profit
Apr-21-2017

Jay Bharat Maruti is currently trading at Rs. 593.65, up by 70.65 points or 13.51% from its previous closing of Rs. 523.00 on the BSE.

The scrip opened at Rs. 548.00 and has touched a high and low of Rs. 617.00 and Rs. 528.05 respectively. So far 384029 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 617.00 on 21-Apr-2017 and a 52 week low of Rs. 138.10 on 18-Jul-2016.

Last one week high and low of the scrip stood at Rs. 617.00 and Rs. 426.20 respectively. The current market cap of the company is Rs. 1305.50 crore.

The promoters holding in the company stood at 58.56%, while Institutions and Non-Institutions held 2.66% and 38.77% respectively.

Jay Bharat Maruti has reported a rise of 72.06% in its net profit at Rs 20.75 crore for the quarter ended March 31, 2017 as compared to Rs 12.06 crore for the same quarter in the previous year. Total income of the company increased by 41.29% at Rs 550.21 crore for quarter under review as compared to Rs 389.41 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has reported a rise of 35.07% in its net profit at Rs 53.77 crore as compared to Rs 39.81 crore for the same period in the previous year. Total income of company increased 16.78% at Rs 1733.47 crore for year under review as compared to Rs 1484.38 crore for the period ended March 31, 2016.

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