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Shares of Lambodhara Textiles have moved higher by 9% to Rs 449, also a lifetime high on the NSE, extending their month-long rally on the bourses.
In the past one month, the shares of the company engaged in textiles and windmill business have appreciated nearly 200% from Rs 154 on April, 23, compared to a 1% decline in the benchmark CNX Nifty.
On Friday, May 22, the company with reference to the increase in price clarified that there is no latest relevant information / announcement pending as per Clause 36 of the Listing Agreement, which may have a bearing on the price behavior in the scrip.
Lambodhara Textiles has a low equity base of about 4.53 million equity shares. As on March 31, 2015, the promoters, R Santosh and Strike Right Intergrated Services Ltd collectively held 68.89% stake in the company.
The broking firms, Choice Equity Broking Private Limited (7.43%) and Nirmal Bang Securities Private Limited (1.72%) hold a total holding of 9.15%, while Nareshkumar Kishanlal Saraf & family holds a 4.17% stake, the shareholding pattern data shows.
Meanwhile, Lambodhara Textiles is yet to announce its audited financial results for the year ended March 31, 2015. The company had reported a net profit of Rs 4.13 crore for the first nine months ended December 31, 2014; it had posted a profit of Rs 3.29 crore in the same period last year.
In the past one month, the shares of the company engaged in textiles and windmill business have appreciated nearly 200% from Rs 154 on April, 23, compared to a 1% decline in the benchmark CNX Nifty.
On Friday, May 22, the company with reference to the increase in price clarified that there is no latest relevant information / announcement pending as per Clause 36 of the Listing Agreement, which may have a bearing on the price behavior in the scrip.
Lambodhara Textiles has a low equity base of about 4.53 million equity shares. As on March 31, 2015, the promoters, R Santosh and Strike Right Intergrated Services Ltd collectively held 68.89% stake in the company.
The broking firms, Choice Equity Broking Private Limited (7.43%) and Nirmal Bang Securities Private Limited (1.72%) hold a total holding of 9.15%, while Nareshkumar Kishanlal Saraf & family holds a 4.17% stake, the shareholding pattern data shows.
Meanwhile, Lambodhara Textiles is yet to announce its audited financial results for the year ended March 31, 2015. The company had reported a net profit of Rs 4.13 crore for the first nine months ended December 31, 2014; it had posted a profit of Rs 3.29 crore in the same period last year.
