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Friday, January 13, 2017

Harrisons Malayalam Trading On The Positive Zone


Harrisons Malayalam
This morning, Harrisons Malayalam share price zooming up by 6 per cent. The stock opened at Rs. 77.90 as compared to its previous closing at Rs. 77. The stock touched the days high and low at Rs. 82.35 and Rs. 76.50. Approximately 4,68,330 shares are traded on the counter with a traded value of Rs. 378.08 lacs, as per NSE.
Harrisons Malayalam Ltd was incorporated in the year 1978. It is a Small Cap company which has a market cap of Rs 142.01 Cr. and operates in the Tea / Coffee sector.


Harrisons Malayalam Ltd. key Products/Revenue Segments are

  • Tea which contributes Rs. 150.47 Cr to Sales Value (52.71 per cent of Total Sales) 
  • Rubber which contributes Rs 124.08 Cr to Sales Value (43.47 per cent of Total Sales)
  • Other Operating Revenue which contributes Rs 5.63 Cr to Sales Value (1.97 per cent of Total Sales)
  • Fruits, Spices & Others which contributes Rs. 2.40 Cr to Sales Value (0.84 per cent of Total Sales)
  • Export Incentives which contributes Rs1.58 Cr to Sales Value (0.55 per cent of Total Sales)
  • Green Tea Leaf (Own) which contributes Rs.70 Cr to Sales Value (0.24 per cent of Total Sales)
  • Income From Construction Work which contributes Rs .58 Cr to Sales Value (0.20 per cent of Total Sales) for the year ending 31st Mar 2016.

For the quarter ended 30th 9 2016, the company has clocked a Standalone sales of Rs 90.80 Cr., up 38.44 from last quarter Sales of Rs 65.59 Cr. and up 17.24 from last year same quarter Sales of Rs 77.45 Cr. Company has registered net profit after tax of Rs -2.87 Cr. in latest quarter.
At. 12.00PM, Harrisons Malayalam share price is trading at Rs. 82.
Harrisons Malayalam is one of the top 500 performing stocks for this quarter. In order to acquire further details on the support and resistance refer to Harrisons Malayalam share price forecast.

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