Jaypee Infratech , a subsidiary of Jaypee group, has
reported a growth of 39.6% year-on-year in its net profit of Rs 349 crore for
the fourth quarter of FY12.
Net sales jumped 28.67% to Rs 920 crore in the quarter ended
March 2012 versus Rs 715 crore in a year ago period.
Analysts on average had expected net profit at Rs 340 crore
and net sales at Rs 804 crore.
The stock closed at Rs 44, up 2.80% over previous close on
Thursday after hitting an intraday high of Rs 44.80 and low of Rs 43.35.
Its trading volumes increased 294% to 97,246 shares as
compared to its 5-day average of 24,682 shares.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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