Trending stocks: Ludlow Jute share price surges over 10%
Shares of traded 10.07 per cent up in trade at 10:01AM on Wednesday .
By ETMarkets.com | Updated:
BCCL
The stock opened at Rs 86.5 and touched an intraday high and low of Rs 95.9 and Rs 86.5 , respectively, in the session so far.
NEW DELHI: Shares of Ludlow Jute & Specialities traded 10.07 per cent up in Wednesday 's trade at 10:01AM (IST). Around 181341 shares changed hands on the counter.
The stock opened at Rs 86.5 and touched an intraday high and low of Rs 95.9 and Rs 86.5 , respectively, in the session so far.
Ludlow Jute & Specialities Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 86.62 Crore) operating in Textiles sector.
Key Financials
The company reported consolidated sales of Rs 109.38 crore for the quarter ended 31-Dec-2019 , up 4.45 per cent from previous quarter's Rs 104.72 crore and up 14.74 per cent from the year-ago quarter's Rs 95.33 crore.
Bottomline for the latest quarter stood at Rs 2.2 crore, 816.67 per cent from the corresponding quarter last year .
Shareholding pattern
As of 31-Dec-2019 , DIIs held 0.0 per cent stake in the company , while foreign institutional investors held 0.0 per cent and the promoters 67.196945 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 14.04 and a price-to-book ratio of 148.46 .A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for 'nil' growth in the business.
The stock opened at Rs 86.5 and touched an intraday high and low of Rs 95.9 and Rs 86.5 , respectively, in the session so far.
Ludlow Jute & Specialities Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 86.62 Crore) operating in Textiles sector.
Key Financials
The company reported consolidated sales of Rs 109.38 crore for the quarter ended 31-Dec-2019 , up 4.45 per cent from previous quarter's Rs 104.72 crore and up 14.74 per cent from the year-ago quarter's Rs 95.33 crore.
Bottomline for the latest quarter stood at Rs 2.2 crore, 816.67 per cent from the corresponding quarter last year .
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Shareholding pattern
As of 31-Dec-2019 , DIIs held 0.0 per cent stake in the company , while foreign institutional investors held 0.0 per cent and the promoters 67.196945 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 14.04 and a price-to-book ratio of 148.46 .A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for 'nil' growth in the business.
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Ludlow Jute & Specialities Ltd. belongs to the Jute/Jute Yarn/Jute Products industry.Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
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