PTC India reports 9% fall in Q3 net profit
PTC India has reported results for third quarter ended December 31, 2016.
The company has reported 9.08% fall in its net profit at Rs 42.57 crore for the quarter ended December 31, 2016, as compared to Rs 46.82 crore for the same quarter in the previous year. However, total income of the company increased by 7.89% at Rs 3132.48 crore for the quarter under review, as compared Rs 2903.31 crore for the corresponding quarter previous year.
Technical Levels for PTC
PTC looks weak and could touch its support level of 83.50.
Break and Sustain below 83.50 will take it to 80--78 and then to 75 mark in days to come.
Hurdle intact at 92
More will update soon!!
