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Atul jumps after good Q2 outcome

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Capital Market
Last Updated : Oct 25 2013 | 11:55 PM IST

Atul jumped 4.22% to Rs 374 at 9:39 IST on BSE after net profit rose 14% to Rs 55.54 crore on 6.9% fall in net sales to Rs 574.35 crore in Q2 September 2013 over Q2 September 2012.

The company announced result after market hours on Thursday, 24 October 2013.

Meanwhile, the BSE Sensex was down 40.68 points, or 0.20%, to 20,684.75.

On BSE, 6,445 shares were traded in the counter compared with average volume of 3,856 shares in the past one quarter.

The stock hit a high of Rs 376 and a low of Rs 362.70 so far during the day. The stock hit a 52-week high of Rs 472.25 on 11 December 2012. The stock hit a 52-week low of Rs 280.20 on 26 June 2013.

The stock had outperformed the market over the past one month till 24 October 2013, rising 8.96% compared with the Sensex's 4.04% rise. The scrip had also outperformed the market in past one quarter, gaining 3.68% as against Sensex's 3.16% rise.

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The small-cap company has an equity capital of Rs 29.66 crore. Face value per share is Rs 10.

Atul has seven businesses, namely, aromatics, bulk chemicals & intermediates, colors, crop protection, floras, pharmaceuticals & intermediates, and polymers.

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First Published: Oct 25 2013 | 9:40 AM IST

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