Route Mobile moves up on the bourses
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Route Mobile is currently trading at Rs. 1272.30, up by 43.20 points or 3.51% from its previous closing of Rs. 1229.10 on the BSE.
The scrip opened at Rs. 1229.10 and has touched a high and low of Rs. 1287.20 and Rs. 1228.25 respectively. So far 30835 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1886.60 on 01-Feb-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1295.10 and Rs. 1131.00 respectively. The current market cap of the company is Rs. 7946.28 crore.
The promoters holding in the company stood at 58.44%, while Institutions and Non-Institutions held 28.32% and 13.24% respectively.
Route Mobile has reported rise of 87.34% in its net profit at Rs 39.23 crore for third quarter ended December 31, 2022 as compared to Rs 20.94 crore for the corresponding quarter previous year. Total income of the company increased by 60.35% to Rs 181.05 crore for the quarter under review as compared to Rs 112.91 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 84.40% in its net profit at Rs 85.36 crore for third quarter ended December 31, 2022 as compared to Rs 46.29 crore for the same quarter in the previous year. Total income of the company increased by 75.06% to Rs 993.47 crore for the quarter under review as compared to Rs 567.50 crore for the same quarter in the previous year.
