Trinethra shares plunge by 9.70 percent


Trinethra shares plunge by 9.70 percent
Bangalore: Trinethra Infra Ventures ended the day at Rs 28.85 losing by Rs 3.10 (9.70 percent) after opening at Rs 33.00. During the day, the stock hit a high of Rs 33.00, while the lowest was Rs 28.80 with 163901 shares being traded through the day. The PE ratio of company is Rs 49.84 with 52 week high of Rs 41.53 and a low of Rs 16.00. Trinethra Infra Ventures Limited is a construction company based in Andhra Pradesh and has spread its wings throughout India.The Company had announced that it will be publishing the audited accounts for the financial year ended March 31, 2009 on or before June 30, 2009. For the quarter ended on Sep, 2008, company achieved a turnover of Rs 453.27 lakhs as compared to 191.04 lakhs in the same quarter in the previous fiscal year. The one year stock price chart is on the left. Except Trinethra, other infrastructure companies have ended the day positively. Larsen and Toubro has gained by 0.96 percent, B L Kashyap and Sons has gained by 3.90 percent and ITD cementation India has gained by 4.89 percent.