Page 2 - Poly Technik News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of Astral Poly Technik advanced 5 per cent to Rs 2,332 on the BSE in Monday's intra-day trade after the company said it has fixed March 19 as the record date for the 1:3 bonus share issue. The stock of the plastic products manufacture surpassed its previous high of Rs 2,249.95 touched on March 2. “The company has fixed Friday, March 19, 2021, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares in the proportion of 1 equity share of Re 1 each for every 3 existing equity shares of Re 1 each, subject to the a...

Q3FY21 Result Update - Astral Poly Technik - ICICI Direct

Astral Poly Technik's consolidated net profit jumped 82.5% to Rs 123.90 crore on 35.1% increase in net sales to Rs 897.50 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) soared 89.2% to Rs 165.20 crore in Q3 December 2020 as against Rs 87.30 crore in Q3 December 2019. Tax expense for the quarter surged 112.9% to Rs 41.30 crore as against Rs 19.40 crore in Q3 December 2019. The Q3 result was declared post trading hours yesterday, 3 February 2021. Consolidated EBITDA grew 64.36% to Rs 196.90 crore in Q3 December 2020 over Rs 119.80 crore in Q3 December 2019...

Astral Poly Technik - On strong footing - ICICI Securities Posted On: 2021-02-03 23:41:29 (Time Zone: Arizona, USA) Astral Poly Technik's (ASTRA) Q3FY21 numbers were a beat to our expectations driven by: a) Impressive double-digit revenue growth in both its businesses: pipe (33.3% YoY) and adhesive (41% YoY); b) EBIDTA margin traction in both the businesses (22.9%/16.4% in pipe/adhesive respectively) led by inventory gains in PVC segment, higher value-added sales, and superior product mix. Jan'21 consolidated revenues too reported 35% YoY growth. ASTRA maintains its robust growth outlook...

Main Equity indices came off the day's low and traded near the flat line in mid morning trade. The Nifty scaled the 14,800 mark. Auto stocks extended gains in anticipation of the proposed voluntary vehicle scrappage policy. At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 40.93 points or 0.08% at 50,214.66. The Nifty 50 index was up 9.3 points or 0.06% at 14,799.95. The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index was up 1.31% while the S&P BSE Small-Cap index gained 1.37%. The market breadth was strong. On the BSE, 1745 shares rose and 921 share...