Thursday, September 22, 2011

Softlogic Capital debuts with heavy trading

Heavy trading was witnessed in the debutant Softlogic Capital (SCAP) counter, with 1.1 million shares being traded. The share came into the market with a reference or indicative price tag of Rs.40.

The share opened at Rs.50.10 and hit a high of Rs.75 before closing at Rs.46.50. SCAP listed 27.2 million in the Diri Savi Board by way of an Introduction.

According to financials, SCAP reported a net profit of Rs.5.5 million in 1Q12 with an Earnings per Share of 20 cents.

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