Eveready Industries India rose 1.91% to Rs 34.70 at 9:41 IST on BSE after ICICI Mutual Fund bought 4.79 lakh equity shares of the company from the open market on Tuesday, 17 December 2013.
Meanwhile, the BSE Sensex was up 60.31 points, or 0.29%, to 20,672.45.
On BSE, so far 40,000 shares were traded in the counter, compared with an average volume of 2.64 lakh shares in the past one quarter.
The stock hit a high of Rs 34.85 and a low of Rs 34.10 so far during the day. The stock hit a 52-week high of Rs 38.40 on 13 December 2013. The stock hit a 52-week low of Rs 14.05 on 7 August 2013.
The stock had outperformed the market over the past one month till 17 December 2013, rising 24.73% compared with the Sensex's 1.04% rise. The scrip had also outperformed the market in past one quarter, gaining 73.72% as against Sensex's 4.08% rise.
The small-cap company has an equity capital of Rs 36.34 crore. Face value per share is Rs 5.
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On Tuesday, 17 December 2013, Prudential ICICI Mutual Fund A/C ICICI Prudential FMCG Fund bought 4.79 lakh shares, or 0.66% stake, of Eveready Industries India at Rs 34.35 each on the NSE.
Net profit of Eveready Industries India rose 77.51% to Rs 3.71 crore on 11.41% rise in net sales to Rs 319.34 crore in Q2 September 2013 over Q2 September 2012.
Eveready Industries India's portfolio comprises of dry cell batteries, rechargeable batteries, flashlights, packet tea and lighting products.
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