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Panama Petrochem Q4 net profit plunges 11%

Panama Petrochem Q4 net profit plunges 11%

Panama Petrochem Ltd Q4 net profit was lower 11.1% at Rs.4.8 crore.

Total Income was down by 10.7% at Rs. 176.7 crore as against Rs. 197.8 Cr (YoY).

anama Petrochem Ltd ended at Rs. 70.15, up by Rs. 2.25 or 3.31% from its previous closing of Rs. 67.9 on the BSE.
The scrip opened at Rs. 66.8 and touched a high and low of Rs. 70.2 and Rs. 66.8 respectively. A total of 9129(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 282.91 crore.
The BSE group 'B' stock of face value Rs. 2 touched a 52 week high of Rs. 82 on 06-Aug-2015 and a 52 week low of Rs. 52 on 17-Jun-2015. Last one week high and low of the scrip stood at Rs. 72 and Rs. 66.8 respectively.
The promoters holding in the company stood at 48.82 % while Institutions and Non-Institutions held 1.75 % and 18.96 % respectively.
The stock traded above its 200 DMA.


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