Gujarat Borosil lost 1.41% to Rs 90.60 at 14:45 IST on BSE, with the stock witnessing high intraday volatility after the company reported Q4 March 2017 results.
Meanwhile, the S&P BSE Sensex was down 15.34 points, or 0.05% at 29,905.84. The S&P BSE Small-cap index was down 2.01 points, 0.01% at 15,418.79.
High volumes were witnessed on the counter. On the BSE, 3.86 lakh shares were traded on the counter so far as against the average daily volumes of 44,613 shares in the past one quarter. The stock was volatile. The stock rose as much as 6.09% at the day's high of Rs 97.50 so far during the day. The stock lost as much as 2.06% at the day's low of Rs 90 so far during the day.
The stock had hit a record high of Rs 120 on 24 October 2016 and a 52-week low of Rs 66.55 on 22 November 2016. The stock had outperformed the market over the past one month till 2 May 2017, advancing 13.25% compared with the Sensex's 1.02% rise. The scrip had, however, underperformed the market over the past one quarter advancing 4.37% as against the Sensex's 6% rise.
The small-cap company has equity capital of Rs 34.10 crore. Face value per share is Rs 5.
Gujarat Borosil's net profit spurted 113.49% to Rs 6.49 crore on 3.71% increase in total income to Rs 58.46 crore in Q4 March 2017 over Q4 March 2016.
The result was announced during market hours today, 3 May 2017.
More From This Section
Gujarat Borosil is an active player in the flat glass industry.
Powered by Capital Market - Live News