Ester Industries surged 3.04% to Rs 71.10 at 14:00 IST on BSE, with the stock extending recent rally despite weakness in the broader market.
Meanwhile, the S&P BSE Sensex was up 42.26 points or 0.13% at 32,965.38. The S&P BSE Small-Cap index fell 0.25%, underperforming the Sensex.
On the BSE, 87,000 shares were traded on the counter so far as against the average daily volumes of 1.99 lakh shares in the past one quarter. The stock had hit a high of Rs 72.45 and a low of Rs 68.25 so far during the day. The stock had hit a 52-week high of Rs 77.50 on 1 February 2018 and a 52-week low of Rs 30 on 11 August 2017.
The small-cap company has equity capital of Rs 41.70 crore. Face value per share is Rs 5.
Shares of Ester Industries have rallied 24.3% in six trading sessions to its ruling price, from its closing of Rs 57.20 on 12 March 2018.
Ester Industries reported net profit of Rs 0.48 crore in Q3 December 2017, compared with net loss of Rs 3.51 crore in Q3 December 2016. Net sales rose 14.3% to Rs 202.19 crore in Q3 December 2017 over Q3 December 2016.
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Ester manufactures polyester films, specialty polymers and engineering plastic compounds.
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