Bajaj Electricals gained 2.35% to Rs 270 at 13:45 IST on BSE after the company reported net profit of Rs 46.89 crore in Q4 March 2015 compared with net loss of Rs 10.65 crore in Q4 March 2014.
The company announced Q4 results during market hours today, 28 May 2015.
Meanwhile, the S&P BSE Sensex was down 187.93 points or 0.68% at 27,376.73
The stock rose on high volume. On BSE, so far 3.93 lakh shares were traded in the counter as against average daily volume of 58,979 shares in the past one quarter.
The stock saw high intraday volatility. The stock hit a high of Rs 285.85 and a low of Rs 255.40 so far during the day. The stock had hit a record high of Rs 384.80 on 28 May 2014. The stock had hit a 52-week low of Rs 191 on 1 December 2014.
The small-cap firm has an equity capital of Rs 20.15 crore. Face value per share is Rs 2.
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Bajaj Electricals' total income rose 3.22% to Rs 1320.96 crore in Q4 March 2015 over Q4 March 2014.
Bajaj Electricals is an electric products maker and is a part of Bajaj Group.
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