Himachal Futuristic Communications rose 1.27% to Rs 15.95 at 10:34 IST on BSE after net profit galloped 354.34% to Rs 69.47 crore on 139.54% growth in net sales to Rs 618.82 crore in Q1 June 2014 over Q1 June 2013.
The Q1 result was announced after market hours on Thursday, 10 July 2014.
Meanwhile, the S&P BSE Sensex was up 23.04 points or 0.09% at 25,395.79.
On BSE, so far 8.59 lakh shares were traded in the counter as against average daily volume of 18.53 lakh shares in the past one quarter.
The stock hit a high of Rs 16.50 and a low of Rs 15.60 so far during the day. The stock had hit a 52-week high of Rs 19.70 on 2 July 2014. The stock had hit a 52-week low of Rs 7.02 on 28 August 2013.
The stock had underperformed the market over the past one month till 10 July 2014, sliding 10.97% compared with Sensex's 0.82% fall. The scrip had, however, outperformed the market in past one quarter, jumping 78.17% as against Sensex's 11.7% rise.
More From This Section
The small-cap company has equity capital of Rs 123.94 crore. Face value per share is Rs 1.
Himachal Futuristic Communications delivers innovative, customized and competitively priced end to end telecom solutions. Its strongly focussed solutions cover all aspects of value chain from manufacturing of leading edge telecom products to providing specialist services and infrastructure to its customers.
Powered by Capital Market - Live News