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BSE   19 Oct 17 | 07:51 PM

919.50 29.95 (3.37%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 505010
Face Value: N.A.

NSE   19 Oct 17 | 12:00 AM

918.15 25.6 (2.87%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: AUTOAXLES
Performance
1 Week : Rs 894.30 (2.82%)
1 Month : Rs 890.40 (3.27%)
1 Year : Rs 714.60 (28.67%)
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Automotive Axles rallies on healthy Q4 nos

SI Reporter / Mumbai 13 Apr 11 | 10:08 AM

Automotive Axles has rallied 9% to Rs 456 after reporting 46% year-on-year (y-o-y) jump in its net profit at Rs 18.40 crore for the fourth quarter ended March 2011. Net sales grew 64% at Rs 278 crore (Rs 170 crore) on y-o-y basis.
 
“The higher net sales attributed to acquisition of brake manufacturing facilities at Mysore from Kalyani Global Engineering in January 2011. Total sales include Rs 51.98 crore related to brake business," the company said in a filing to the stock exchanges.
 
The stock opened at Rs 439 and hit a high of Rs 462 on the NSE. A combined 22,053 shares changed hands on the counter till 0958 hours.

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