Shriram Properties surges on reporting consolidated net profit of Rs 13 crore in Q3
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Shriram Properties is currently trading at Rs. 91.90, up by 3.20 points or 3.61% from its previous closing of Rs. 88.70 on the BSE.
The scrip opened at Rs. 91.30 and has touched a high and low of Rs. 93.20 and Rs. 89.65 respectively. So far 57455 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 115.75 on 20-Jan-2022 and a 52 week low of Rs. 79.55 on 27-Dec-2021.
Last one week high and low of the scrip stood at Rs. 98.25 and Rs. 85.15 respectively. The current market cap of the company is Rs. 1565.63 crore.
The promoters holding in the company stood at 27.98 % while Institutions and Non-Institutions held 17.57 % and 54.46 % respectively.
The company has reported net loss of Rs 3.20 crore for the quarter ended December 31, 2021 as compared to net profit of Rs 12.43 crore for the same quarter in the previous year. Total income of the company decreased by 2.01% at Rs 74.61 crore for Q3FY22 as compared Rs 76.14 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit of Rs 13.22 crore for the quarter ended December 31, 2021 against net loss of Rs 27.17 crore for the same quarter in the previous year. Total income of the company decreased by 19.53% at Rs 130.13 crore for Q3FY22 as compared Rs 161.71 crore for the corresponding quarter previous year.
