Deccan Cements rose 6.55% to Rs 374 at 10:40 IST on BSE after net profit surged 105.6% to Rs 23.33 crore on a 12.6% increase in the net sales to Rs 182.05 crore in Q1 June 2019 over Q1 June 2018.
The result was announced after market hours yesterday, 6 August 2019.
Meanwhile, S&P BSE Sensex was down 20.01 points or 0.05% at 36,956.84.
On BSE, 1,100 shares were traded in Deccan Cements counter, compared to a 2-week average of 300 shares. The stock hit an intraday high of Rs 389 and an intraday low of Rs 371.55. It hit a 52-week high of Rs 514 on 10 August 2018 and a 52-week low of Rs 326.20 on 22 October 2018.
Deccan Cements is engaged in the manufacturing of cement in the form of clinker, manufacturing of Portland cement, slag cement and related products, and generation of electricity.
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