Saregama India gains over 8% after March quarter results 13/06/2014


Saregama India gains over 8% after March quarter results
13/06/2014 11:11
Shares of Saregama India rose over 8 per cent in early trade on Bombay Stock Exchange (BSE) after reporting over two-fold jump in net profit at Rs 6.75 crore for the quarter ended March 31, 2014, on back of strong operational performance. The RP-Sanjiv Goenka Group Company had profit of Rs 2.32 crore in the same quarter last year. The shares of company rose as much as 8.11 per cent to trade at Rs 124 a piece on the BSE. However, shares of the company rose 7.89 per cent to Rs 124.50 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,620.68, up 44.47 points or 0.17 per cent at 11.02 hours.