Esab India advanced 4.42% to Rs 630.95 at 10:35 IST on BSE after net profit rose 61.23% to Rs 9.98 crore on 4.26% growth in net sales to Rs 120.19 crore in Q2 September 2016 over Q2 September 2015.
The result was announced after market hours yesterday, 3 November 2016.Meanwhile, the S&P BSE Sensex was down 49.09 points or 0.18% at 27,381.19
On BSE, so far 2,964 shares were traded in the counter as against average daily volume of 432 shares in the past one quarter. The stock hit a high of Rs 658.90 and a low of Rs 630 so far during the day. The stock had hit a 52-week high of Rs 674 on 22 March 2016. The stock had hit a 52-week low of Rs 435 on 17 February 2016.
The small-cap company has equity capital of Rs 15.39 crore. Face value per share is Rs 10.
Esab India is one of the leading suppliers of welding and cutting products in the country.
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