 "Nahar Group shares in focus: Nahar Industrial up 20%")
Shares of listed Nahar Group of companies also known as OWM Group were in focus and trading higher by up to 20% on the BSE on back of heavy volumes.
Nahar Spinning Mills, Nahar Industrial Enterprises, Nahar Poly Films and Nahar Capital & Financial Services were up between 4% and 20% on the BSE as compared to 0.26% rise in the S&P BSE Sensex.
Nahar Industrial Enterprises is locked in upper circuit of 20% at Rs 118 on the BSE after the company reported a robust set of numbers for the quarter ended September 30, 2016 (Q2FY17).
The company engaged in textiles business has posted profit of Rs 30 crore in Q2FY17 against Rs 2 crore in the corresponding quarter of previous year.
Nahar Spinning Mills, Nahar Industrial Enterprises, Nahar Poly Films and Nahar Capital & Financial Services were up between 4% and 20% on the BSE as compared to 0.26% rise in the S&P BSE Sensex.
Nahar Industrial Enterprises is locked in upper circuit of 20% at Rs 118 on the BSE after the company reported a robust set of numbers for the quarter ended September 30, 2016 (Q2FY17).
The company engaged in textiles business has posted profit of Rs 30 crore in Q2FY17 against Rs 2 crore in the corresponding quarter of previous year.
| Company | 12/12/2016 | LTP | % chg |
| Nahar Indl. Ent. | 98.55 | 118.25 | 19.99 |
| Nahar Capital | 87.50 | 101.00 | 15.43 |
| Nahar Spinning | 117.35 | 124.40 | 6.01 |
| Nahar Poly | 60.10 | 62.55 | 4.08 |