During the second half of the trading session, RPG Life share price is quoting 11 per cent at Rs. 498.00. The stock opened at Rs. 445 and touched the day’s high and low at Rs. 517.00 and Rs. 441.00.
Drug firm RPG Life Sciences disclosed a four fold jump in net profit to Rs 10.25 crore for the 2nd quarter ended September 30, on the back of sale of the biotech business. The company had clocked a net profit of Rs 2.56 crore for the same period of the last financial year. Standalone total income from operations also increased to Rs 78.60 crore for the quarter under review as compared to Rs 68.41 crore in the same period a year ago. The profit after tax involves an exceptional profit of Rs 7.38 crore driven by sale of the biotech business which was concluded at the end of the first quarter.
RPG Life share price met its yearly high value at Rs. 534 on 21st Sep ‘16 whereas the 52 week low value is seen at Rs. 194.70 on 12th Feb ‘16. The company has a market map of Rs. 741.53 (Cr) and has a book value of 80.77. The average daily movement of the stock is 23.85 and the average volume for 20 days is seen at 60141.
RPG Life is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run. In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to RPG Life share price history.
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