MBL Infra Share Price Dips On Q2 Net Loss

 Stock analysts estimates were higher than MBL Infrastructure Limited’s actual Q2FY17 standalone numbers. Revenue for the period has come in 32.4 per cent lesser than the estimate of Rs 550 cr. The Company has reported a net loss of Rs 122.79 cr as compared to the expected profit of Rs 16 cr. The quarter's revenue has fallen by 8.4 per cent (yoy) to Rs 371.93 cr.
MBL Infra’s EBITDA loss stands at Rs 180 cr in Q2FY17 against positive EBITDA of Rs 47 cr in Q2FY16, driven by 72 per cent rise in cost of material consumed. Net loss of the company stands at Rs 122.79 cr as compared to net profit of Rs 17.68 cr in Q2FY16, driven by soar in finance cost by 5 per cent (yoy) and other income falling by 16 per cent (yoy)

Fundamentals of the stock which will aid in investing:

Sector	INFRA-CONSTRUCTION ENGINEERING AND MATERIALS
Face Value (Rs.)	10
52 Week High (Rs.)	236.60 (30-Dec-15)
52 Week Low (Rs.)	62.10 (06-Sep-16)
Life Time high (Rs.)	329.50 (12-Mar-15)
Life Time low (Rs.)	30.38 (13-Nov-13)
Average Daily Movement [ADM]	6.29
Average Volume [20 days]	284909
1 Month Return (%)	-21.51
Consolidated FY 15-16 PE Ratio	3.48
Consolidated Trailing PE Ratio	3.37
Standalone FY 15-16 PE Ratio	3.61
Book Value	177.86
Market Cap	306.97 (Cr)
% of Promoter holding pledged	82.69

At 9:33, MBL Infra share price dipped 5 per cent on the NSE to stand at Rs 70.35.

According to Dynamic Levels analysts and researchers, MBL Infra belongs to the top 500 shares set for this quarter. It is a reliable stock to invest your hard-earned money. Dynamic Levels market analysts and experts expect good returns from it. The stock has both strong financials and fundamentals.

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 MBL Infra share price history.