Punjab Tractors (Delisted) share price history

BSE: 500344

Last traded ₹96.05 on 24 Feb 2009

Delisted on 11 May 2009.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

  1. Feb 2009

    • 18 Feb · Business

      Brief note on the Scheme. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Feb · Suspension of trading in equity shares

      Members of the Exchange are hereby informed that the trading in equity shares of Punjab Tractors Ltd. shall be suspended w.e.f. February 25, 2009 (i.e. closing hours of trading on February 24, 2009) on account of Scheme of Amalgamation of Punjab Tractors Ltd. with Mahindra & Mahindra Ltd.
    • 16 Feb · Corporate action

      Mahindra & Mahindra Ltd. has informed the Exchange that "This is further to our letters dated 30th January, 2009 & 16th February, 2009 regarding the Scheme of Amalgamation of Punjab Tractors Limited with Mahindra and Mahindra Limited and their respective Shareholders ("the Scheme"). We wish to inform you that the Company has fixed Wednesday, the 4th March, 2009 as the 'Record Date' for the purpose of ascertaining the Shareholders of the erstwhile Punjab Tractors Limited ("PTL") who would be entitled to receive Equity Shares of the Company in terms of the Scheme. In accordance with the Scheme, the Company will issue and allot to those Shareholders of PTL whose names appear in the Register of Members of PTL on the record date, 1 (One) equity share of Rs. 10 each fully paid up in the capital of the Company for every 3 (Three) equity shares of Rs. 10 each fully paid up held in the equity share capital of PTL. The equity share certificate(s) of PTL will not be called back by the Company for exchange with the equity shares of the Company. The equity shares issued by PTL will not be tradable or negotiable on and from the Record Date or such other earlier date as may be fixed by the Stock Exchanges in this regard.The Equity Shares, proposed to be issued by the Company, will be submitted for listing with the Bombay Stock Exchange Limited and National Stock Exchange of India Limited and they shall rank pari-passu with the then existing Equity Shares of the Company".
  2. Jan 2009

    • 30 Jan · Business

      Punjab Tractors Ltd. has informed the Exchange that: "The Hon'ble High Court of Judicature at Bombay has approved the Scheme of Amalgamation of Punjab Tractors Limited with Mahindra and Mahindra Limited and their respective Shareholders vide Order dated January 09, 2009, a certified copy of which was made available on January 22, 2009. The Hon'ble High Court of Punjab and Haryana, Chandigarh has also approved the Scheme vide order dated January 16, 2009. However, the certified copy of this order is yet to be received. The Effective Date of the Scheme will be the last of the dates on which the said certified copies of the Orders passed by the aforesaid High Courts are filed with the Registrar of Companies, Maharashtra, Mumbai and the Registrar of Companies, Punjab, Jalandhar respectively".
    • 19 Jan · Business

      Punjab Tractors Ltd. has informed the Exchange regarding the press release dated January 19, 2009, titled "PTL's 9 months profit Zooms 110%". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 19 Jan · Results

      Punjab Tractors Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 35633 lacs for quarter ending on 31-DEC-2008 against Rs. 30290 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 3503 lacs for the quarter ending on 31-DEC-2008 against Rs. 2540 lacs for the quarter ending on 31-DEC-2007.

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Dividend

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Dec 2008, against the quarter before

Revenue
₹359 Crup 16.50%
Net profit
₹35 Crup 28.36%
Net margin
9.8%

Revenue by year

Net profit by year, a loss in red

₹ croreSep 2007Dec 2007Mar 2008Jun 2008Sep 2008Dec 2008
Revenue207303286314308359
Net profit102527222735
Net margin4.7%8.4%9.3%7.1%8.9%9.8%
Standalone. The 6 quarters from Sep 2007, the first on record. The latest is shaded.

Where the return came from

Yearly rates to Mar 2008, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−26.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Recent sessions

The last 10 trading days to 24 Feb 2009, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
24 Feb 200990.0099.0087.5096.0593.346,330
20 Feb 200992.5093.5089.0091.1591.462,905
19 Feb 200993.5096.9593.5095.3095.071,417
18 Feb 200995.9596.0091.2592.8093.762,078
17 Feb 200998.0098.5094.0095.3595.962,665
13 Feb 200997.00103.9097.00102.75101.6517,085
12 Feb 200992.1097.0092.1095.7095.112,400
11 Feb 200991.5092.8090.0591.8591.43490
10 Feb 200990.9594.9090.5091.8092.293,215
9 Feb 200990.0090.4588.5089.2089.262,262
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
4 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Punjab Tractors Ltd.
BSE code
500344
ISIN
INE170A01013
Face value
₹10