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Monday, December 19, 2016

Signet Industries Share Price Sails Up In Afternoon Trade


Signet IndustriesIn the afternoon trade, Signet Industries share price zoomed by more than 6 per cent on the NSE. The stock is trading at a rise of 1.45 points at Rs 24.50. The scrip opened at Rs 23.35 as compared to its previous closing at Rs 23.05.
At 1:29 pm, Signet Industries share price touched the day’s high and low at Rs 25 and Rs 22.75, respectively. Signet Industries Limited was incorporated in the year 1985. It is a Small Cap company which has a market cap of Rs 678.52 Cr (as on 19th December, 2016) and operates in the Petrochemicals sector.
The Average Daily Movement or ADM of the stock is 2.71 and its average volume for last 20 days is 430116. The stock yields -7.61 per cent monthly returns and has a book value of Rs. 3.57. For the quarter ended 30th Sep 2016 (Q2), the company has reported a Standalone sales of Rs. 197.74 Cr., down -18.36 per cent from last quarter Sales of Rs. 242.21 Cr. and up 31.17 per cent from last year same quarter Sales of Rs. 150.76 Cr. Company has reported net profit after tax (PAT) of Rs. 6.02 Cr. in latest quarter.
The lower price band of the share is 18.45 and the upper price band is 27.65. The 52 week high of Signet Industries share price is observed at Rs. 74.50 on 29th Jan ‘16 while the 52 week low is seen at Rs. 16.00 on 19th July ‘16.
Signet Industries is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. Signet Industries is fundamentally strong and is safe for investment, as per Dynamic analysts.
In order to know about the support and resistance levels of the scrip and also its fundamentals, please visit Signet Industries share price history.

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