Moser Baer shares rise 8.15 percent

Bangalore: Moser Baer ended the trading as one of the top gainers with a gain of Rs.7.45 (8.15 percent). Moser Baer opened its account today on positive node and touch the high of Rs.100.65 and a low of Rs.92.40. In all, 5,847,359 shares were traded throughout the day, with a current P/E of the stock at 362.22. The stock touched 52-week high of Rs.139.90 and a low of Rs.41.10. The 52 week stock price chart is on the left.

Moser Baer India is an India-based company that is principally engaged in the business of manufacture and sale of optical storage media. The company also has presence in business areas, such as solar energy, entertainment, information technology (IT) peripherals and consumer electronics. In the home entertainment segment, the company has commenced film production in multiple languages. The company's photovoltaic domain commenced its commercial operations during the financial year ended on March 31, 2008. In the home entertainment segment, the company has commenced film production in multiple languages. In the quarter ended June 30, 2009, the company has posted a net profit of Rs.27.60 million, as compared to net loss of Rs.1,039.80 million for the quarter ended June 30, 2008. Total income has increased from Rs.4968.80 million for the quarter ended June 30, 2008 to Rs.5634.00 million for the quarter ended June 30, 2009.

The stock analyst, currently following Moser Baer has recommended to sell the stock. With 4,00,435 units of shares, 'Reliance NRI Equity Fund' holds the highest number of shares in Moser Baer.