Jindal Poly Share Price climbs Higher by 11%

Jindal Poly share price surged up by more than a massive 11 per cent in Tuesday’s trading session.

A total of 2,88,742 shares of the company have been traded on the counter of NSE aggregating to a total amount of Rs 1,080.85 lacs.

Packaging material maker Jindal Poly Films on 24^th November 2016 reported a consolidated net profit of Rs 77.1 crores for the September quarter, lower than the Rs 99.9 crores in the year-ago period.

The company's total income from operations remained flat at Rs 1,917.56 crores during the quarter under review, as against Rs 1,905.3 crores during the same period of 2015.

Jindal Poly Films manufactures polyester (PET) and polypropylene (OPP) films used in packaging.

The total expenses of the company rose to Rs 1,822.78 crores in July-September, higher than Rs 1,272.93 crores in the year-ago period, according to a regulatory filing on the exchanges.

A Quick Glimpse of the Quarterly :

Profit & Loss -Quarterly (Standalone figures in Rs. Cr.):

Sep-16	Jun-16	Mar-16	Dec-15	Sep-15
Sales	618.21	596.68	630.63	602.22	651.92
Direct Expenditure	550.62	521.18	567.25	525.6	574.36
Gross Profit	67.59	75.5	63.38	76.62	77.56
Operating Expenditure	473.87	434.53	498.92	439.99	482.68
Operating Profit	76.75	86.65	68.33	85.61	91.68
Other Income	24.75	8.16	13.2	6.52	9.38
Interest	9.16	11.15	4.95	8.99	14.12
Depreciation	18.45	16.69	15.9	14.51	13.73
Profit before tax	49.14	58.81	47.48	62.11	63.83
Tax	9	18.32	30.19	20.81	21.7
Profit After Tax	40.14	40.49	17.29	41.3	42.13
EPS (unadjusted)	9.17	9.25	3.95	9.43	9.62

Jindal Poly share price closed at Rs 367.25, up by 7.43 per cent. The intraday high and the intraday low of the share are Rs 385.80 and Rs 342.30 respectively.

Jindal Poly is one of the top 500 Shares identified by Dynamic Levels research team at the end of every quarter out of 1700 Shares of NSE.

Get the important support and resistance levels of the share at Jindal Poly share price forecast.