Indiabulls Securities rose 2.01% to Rs 25.35 at 13:56 IST on BSE after consolidated net profit surged 26.63% to Rs 30.52 crore on 25.41% growth in total income from operations to Rs 85.11 crore in Q2 September 2014 over Q2 September 2013.
The Q2 result was announced during market hours today, 27 October 2014.
Meanwhile, the S&P BSE Sensex was down 34.37 points or 0.13% at 26,816.68.
On BSE, so far 5.29 lakh shares were traded in the counter as against average daily volume of 1.71 lakh shares in the past one quarter.
The stock hit a high of Rs 26.50 and a low of Rs 24.75 so far during the day. The stock had hit a 52-week high of Rs 30.65 on 6 June 2014. The stock had hit a 52-week low of Rs 14.55 on 1 November 2013.
The stock had outperformed the market over the past one month till 23 October 2014, advancing 1.22% compared with Sensex's 0.28% rise. The scrip had, however, underperformed the market in past one quarter, declining 6.23% as against Sensex's 2.69% rise.
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The small-cap company has equity capital of Rs 52.16 crore. Face value per share is Rs 2.
Indiabulls Securities is engaged in securities brokerage.
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