Yesterday, Jindal Poly share price lost around 5% on NSE after it declared its quarter result for June 30th, 2016. The company’s consolidated net profit fell 39.3% to Rs 98.84 crore due to 7.9% decline in net sales to Rs 1777.03 crore in June 2016 over June 2015.
On NSE a total of 1,68,790 shares were traded in the counter as against average daily volume of 43546 shares for twenty days. Jindal Poly share price hit a high of Rs 418.50 and a low of Rs 404 intraday yesterday
The stock had hit a 52-week low of Rs 339.60 on 24th August 2016 and had hit a 52-week high of Rs 611.90 on 4 November 2015. The stock had underperformed the market over the past one month till 6 September 2016, advancing 2.33% compared with 3.2% rise in the Sensex and 2.99% rise in Nifty.
The scrip had also under-performed the market in past one-quarter, declining 3.92% as against 8.22% rise in Sensex and 9.04% rise of Nifty.
The small-cap company has equity capital of Rs 42.05 crore, and the face value per share is Rs 10. The market cap of the company stands at Rs. 1884.35 crores and the PE stands at 5.96.
Jindal Poly is among the top 500 performing shares for the quarter identified by Dynamic Levels. For details on the support and resistance levels of the stock, visit Jindal Poly share price forecast page of Dynamic Levels website.
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