Asahi India Glass shines on reporting 29% rise in Q2 consolidated net profit
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Asahi India Glass is currently trading at Rs. 631.90, up by 18.95 points or 3.09% from its previous closing of Rs. 612.95 on the BSE.
The scrip opened at Rs. 612.65 and has touched a high and low of Rs. 635.00 and Rs. 612.65 respectively. So far 4538 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 693.80 on 09-Sep-2022 and a 52 week low of Rs. 382.10 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 635.00 and Rs. 606.50 respectively. The current market cap of the company is Rs. 15414.33 crore.
The promoters holding in the company stood at 54.24%, while Institutions and Non-Institutions held 4.95% and 40.80% respectively.
Asahi India Glass has reported rise of 30.32% in its net profit at Rs 105.77 crore for Q2FY23 as compared to Rs 81.16 crore for the corresponding quarter previous year. Total income of the company increased by 27.27% to Rs 1000.56 crore for the quarter under review as compared to Rs 786.16 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 29.34% in its net profit at Rs 104.35 crore for the quarter under review as compared to Rs 80.68 crore for the same quarter in the previous year. Total income of the company increased by 27.39% to 1019.39 crore for the quarter under review as compared to Rs 800.23 crore for the same quarter in the previous year.
