Hindustan Oil Exploration Company surged 6.73% to Rs 141.05 at 10:50 IST on BSE after net profit jumped 207.9% to Rs 12.87 crore on 143.4% growth in net sales to Rs 13.36 crore in Q3 December 2017 over Q3 December 2016.
The result was announced on Saturday, 20 January 2018.Meanwhile, the S&P BSE Sensex was up 48.36 points or 0.14% at 35,559.94. The S&P BSE Small-Cap index advanced 0.21%, outperforming the Sensex.
On the BSE, 4.76 lakh shares were traded on the counter so far as against average daily volumes of 5.32 lakh shares in the past one quarter. The stock had hit a high of Rs 146.80 and a low of Rs 136 so far during the day. The stock had hit a 52-week high of Rs 153.75 on 12 January 2018 and a 52-week low of Rs 66.55 on 19 January 2017.
The stock had underperformed the market over the past one month till 19 January 2018, sliding 2.07% compared with the Sensex's 4.95% rise. The stock had, however, outperformed the market over the past one quarter, advancing 46.67% as against the Sensex's 9.64% rise. The scrip had also outperformed the market over the past one year, surging 78.22% as against the Sensex's 30.04% rise.
The small-cap company has equity capital of Rs 130.49 crore. Face value per share is Rs 10.
Hindustan Oil Exploration Company (HOEC) is an oil and gas company.
Powered by Capital Market - Live News