IG petro Q2 results.

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Warrenbuff77, Oct 23, 2015.

  1. Warrenbuff77

    Warrenbuff77 Member

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    Folks, IG petro Q2 results did not come up as a block buster when compared to Q1.


    Q2 Profit of 13 crores. EPS is 4.24, for Q1 it was around 29 crores & 9.5 respectively.


    Results are not in line with Qoq but overall its giving a good picture. i think inventory loss & less sales has reduced the profits.


    Closed at 133 today. Any chance that it could trade above 160+ with the above results & eps?


    Anyone have idea about this pls comment.. Thanks all.
     
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