D-Link shares dip by 27.09 percent

By siliconindia   |   Friday, 19 June 2009, 00:29 IST   |    1 Comments
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D-Link shares dip by 27.09 percent
Bangalore: D-Link India ended the day at Rs 47.90 losing by 17.80 (27.09 percent) after opening at Rs 47.70. During the day, the stock hit a high of Rs 53.95, while the lowest was Rs 43.00 with 78,825 shares being traded through the day. The PE ratio of the company is 7.50 with 52 week high of Rs 99.25 and a low of Rs 29.60. D-Link (India) is a part of the multinational D-Link Corporation, which has a presence in over 100 countries. In the financial year 2007-08 company achieved a turnover of 2945.06 million as compared to 3051.99 million in the previous year. Its core business is in the area of networking and communications. D-Link India's product range enjoys substantial market share in India and ranks among the leaders in Modems, Structured Cabling, Wireless LAN and Switches. Other companies which ended up among top losers are ACC with a loss of 8.25 percent, JP Associate with a loss of 6.73 percent and Tata Steel with 6.71 percent.