details

Peer companies

;

Share Market News

The total revenue for the quarter ended March 2019 remained nearly unchanged at Rs. 8396.40 millions.The Net Loss for the quarter ended March 2019 is Rs. -221.80 millions as compared to Net Profit of Rs. 1159.40 millions of corresponding quarter ended March 2018Operating profit for the quarter ended March 2019 decreased to 599.70 millions as compared to 2180.50 millions of corresponding quarter ended March 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201803 201703 % Var Sales 8396.40 8180.10 2.64 35881.40 31066.50 15.50 31066.50 29951.90 3.72 Other Income 447.40 2831.40 -84.20 793.40 3009.30 -73.64 3009.30 2199.70 36.81 PBIDT 599.70 2180.50 -72.50 2292.70 3630.20 -36.84 3630.20 5702.10 -36.34 Interest 825.10 693.60 18.96 3033.00 2672.50 13.49 2672.50 4247.80 -37.09 PBDT -225.40 1442.80 -115.62 -740.30 823.10 -189.94 823.10 1454.30 -43.40 Depreciation 140.90 156.50 -9.97 583.00 564.70 3.24 564.70 713.50 -20.85 PBT -366.30 1286.30 -128.48 -1323.30 258.40 -612.11 258.40 740.80 -65.12 TAX -144.50 126.90 -213.87 -482.20 -182.20 164.65 -182.20 628.40 -128.99 Deferred Tax -144.50 186.30 -177.56 -482.20 -122.60 293.31 -122.60 136.30 -189.95 PAT -221.80 1159.40 -119.13 -841.10 440.60 -290.90 440.60 112.40 291.99 Equity 1414.20 1414.20 0.00 1414.20 1470.50 -3.83 1414.20 1470.50 -3.83 PBIDTM(%) 7.14 26.66 -73.21 6.39 11.69 -45.32 11.69 19.04 -38.62

The revenue zoomed 18.05% to Rs. 9351.40 millions for the quarter ended December 2018 as compared to Rs. 7921.30 millions during the corresponding quarter last year.The Net Loss for the quarter ended December 2018 is Rs. -202.30 millions as compared to Net Loss of Rs. -271.50 millions of corresponding quarter ended December 2017The company reported a good operating profit of 581.60 millions compared to 421.20 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 9351.40 7921.30 18.05 27485.00 22886.40 20.09 31066.50 29951.90 3.72 Other Income 121.30 32.10 277.88 346.00 177.90 94.49 3009.30 2199.70 36.81 PBIDT 581.60 421.20 38.08 1693.00 1449.70 16.78 3630.20 5702.10 -36.34 Interest 762.90 672.90 13.37 2207.90 1978.90 11.57 2672.50 4247.80 -37.09 PBDT -181.30 -342.20 -47.02 -514.90 -619.70 -16.91 823.10 1454.30 -43.40 Depreciation 159.50 137.20 16.25 442.10 408.20 8.30 564.70 713.50 -20.85 PBT -340.80 -479.40 -28.91 -957.00 -1027.90 -6.90 258.40 740.80 -65.12 TAX -138.50 -207.90 -33.38 -337.70 -309.10 9.25 -182.20 628.40 -128.99 Deferred Tax -138.50 -207.70 -33.32 -337.70 -308.90 9.32 -122.60 136.30 -189.95 PAT -202.30 -271.50 -25.49 -619.30 -718.80 -13.84 440.60 112.40 291.99 Equity 1414.20 1414.20 0.00 1414.20 1470.50 -3.83 1414.20 1470.50 -3.83 PBIDTM(%) 6.22 5.32 16.97 6.16 6.33 -2.76 11.69 19.04 -38.62

Mukand is currently trading at Rs. 73.60, up by 0.70 points or 0.96% from its previous closing of Rs. 72.90 on the BSE.The scrip opened at Rs. 74.00 and has touched a high and low of Rs. 74.60 and Rs. 72.35 respectively. So far 28,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 109.00 on 24-Oct-2017 and a 52 week low of Rs. 58.15 on 28-Mar-2018.Last one week high and low of the scrip stood at Rs. 74.60 and Rs. 68.05 respectively. The current market cap of the company is Rs. 1,040.75 crore.The promoters holding in the company stood at 73.12%, while Institutions and Non-Institutions held 3.84% and 23.04% respectively.Mukand’s wholly owned subsidiary -- Mukand Global Finance (MGFL) has acquired balance 81.30% equity shares in Adore Traders and Realtors (Adore) on April 30, 2018 at Re 1 per share. Consideration for acquisition of shares of Adore by MGFL has been paid in cash. Main objective of acquisition of Adore by MGFL is to streamline and growth of its operating business. MGFL was holding 18.70% equity shares in Adore.Mukand is engaged in manufacturing of alloy and stainless steel long products.

The September 2017 quarter revenue stood at Rs. 8001.30 millions, up 9.47% as compared to Rs. 7309.20 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2017 is Rs. -184.90 millions as compared to Net Loss of Rs. -202.30 millions of corresponding quarter ended September 2016Operating profit for the quarter ended September 2017 rose to 1038.70 millions as compared to 1020.30 millions of corresponding quarter ended September 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 8001.30 7309.20 9.47 16652.60 14885.70 11.87 30259.70 30680.40 -1.37 Other Income 451.60 407.00 10.96 877.30 810.70 8.22 280.60 215.70 30.09 PBIDT 1038.70 1020.30 1.80 2141.60 1886.00 13.55 3573.40 3550.40 0.65 Interest 1116.10 1069.30 4.38 2220.50 2122.60 4.61 2799.50 2789.10 0.37 PBDT -77.40 -49.00 57.96 -78.90 -236.60 -66.65 773.90 761.30 1.66 Depreciation 170.00 177.30 -4.12 337.30 349.80 -3.57 709.60 739.90 -4.10 PBT -247.40 -226.30 9.32 -416.20 -586.40 -29.02 64.30 21.40 200.47 TAX -62.50 -24.00 160.42 -101.20 -154.80 -34.63 482.40 5.20 9176.92 Deferred Tax -62.50 -24.00 160.42 -101.20 -154.80 -34.63 -9.70 5.20 -286.54 PAT -184.90 -202.30 -8.60 -315.00 -431.60 -27.02 -418.10 16.20 -2680.86 Equity 1414.20 1414.10 0.01 1470.50 1414.10 3.99 1470.50 1470.50 0.00 PBIDTM(%) 12.98 13.96 -7.00 12.86 12.67 1.50 11.81 11.57 2.05

The June 2017 quarter revenue stood at Rs. 8651.30 millions, up 14.19% as compared to Rs. 7576.50 millions during the corresponding quarter last year.The Net Loss for the quarter ended June 2017 is Rs. -130.10 millions as compared to Net Loss of Rs. -229.30 millions of corresponding quarter ended June 2016OP of the company witnessed a marginal growth to 1102.90 millions from 865.70 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 8651.30 7576.50 14.19 8651.30 7576.50 14.19 30259.70 30680.40 -1.37 Other Income 425.70 403.70 5.45 425.70 403.70 5.45 280.60 215.70 30.09 PBIDT 1102.90 865.70 27.40 1102.90 865.70 27.40 3573.40 3550.40 0.65 Interest 1104.40 1053.30 4.85 1104.40 1053.30 4.85 2799.50 2789.10 0.37 PBDT -1.50 -187.60 -99.20 -1.50 -187.60 -99.20 773.90 761.30 1.66 Depreciation 167.30 172.50 -3.01 167.30 172.50 -3.01 709.60 739.90 -4.10 PBT -168.80 -360.10 -53.12 -168.80 -360.10 -53.12 64.30 21.40 200.47 TAX -38.70 -130.80 -70.41 -38.70 -130.80 -70.41 482.40 5.20 9176.92 Deferred Tax -38.70 -130.80 -70.41 -38.70 -130.80 -70.41 -9.70 5.20 -286.54 PAT -130.10 -229.30 -43.26 -130.10 -229.30 -43.26 -418.10 16.20 -2680.86 Equity 1470.50 1414.10 3.99 1470.50 1414.10 3.99 1470.50 1470.50 0.00 PBIDTM(%) 12.75 11.43 11.57 12.75 11.43 11.57 11.81 11.57 2.05

Mukand is currently trading at Rs. 81.35, up by 3.00 points or 3.83% from its previous closing of Rs. 78.35 on the BSE.The scrip opened at Rs. 79.10 and has touched a high and low of Rs. 82.35 and Rs. 79.00 respectively. So far 44,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 82.35 on 28-Mar-2017 and a 52 week low of Rs. 31.00 on 29-Mar-2016.Last one week high and low of the scrip stood at Rs. 82.35 and Rs. 70.20 respectively. The current market cap of the company is Rs. 1,150.00 crore.The promoters holding in the company stood at 71.68%, while Institutions and Non-Institutions held 5.25% and 23.07% respectively.Mukand has acquired/invested in 10,000 equity shares (equivalent to 100% holding) of Rs 10 each fully paid-up in Whiteleaf Multiventures and Avista Diam & Gold. Pursuant to this, both the companies have become the wholly owned subsidiary (WOS) of Mukand.Mukand is engaged in manufacturing of alloy and stainless steel long products.

Mukand has informed that as per the Code of Conduct To Regulate, Monitor And Report Trading By Insiders laid down by the Company pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015; the trading window for dealing in securities of the Company was closed for the Directors & Designated Employees of the Company with effect from January 01, 2017 till the date of Board Meeting i.e. February 13, 2017 held for consideration and approval of the un-Audited Financial Results of the Company for the quarter and nine months ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.

Mukand has informed that a meeting of the Board of Directors of the Company is scheduled to be held on February 13, 2017, to consider and approve the Un-audited Financial Results of the Company for the quarter ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.

Mukand has submitted the Shareholding Pattern for the Period Ended December 31, 2016. The above information is a part of company’s filings submitted to BSE.

Mukand has informed that as per the Code of Conduct to Regulate, Monitor & Report Trading by Insiders laid down by the Company pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015; the trading window for dealing with securities of the Company will be closed for the Directors & Designated Employees of the Company with effect from January 01, 2017 till the date of Board Meeting proposed to be held for consideration of the un-audited Financial Results of the Company for the quarter ending December 31, 2016 and it will re-open after 24 hours of the publication of the aforesaid financial results.The above information is a part of company’s filings submitted to BSE.

Jamnalal Sons has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.

Jamnalal Sons has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.