Lux Industries rose 3.35% to Rs 656 at 10:53 IST on BSE after the company said its Kolkata plant started commercial operations from 15 June 2016.
The announcement was made after market hours yesterday, 15 June 2016.Meanwhile, the BSE Sensex was down 359.10 points, or 1.34%, to 26,367.24.
On BSE, so far 3,844 shares were traded in the counter, compared with an average volume of 1,409 shares in the past two weeks. The stock hit a high of Rs 669.35 and a low of Rs 650 so far during the day. The stock hit a 52-week high of Rs 781 on 5 January 2016. The stock hit a 52-week low of Rs 534 on 29 February 2016.
Lux Industries said that 15 June 2016 is the commercial operation date (COD) of its Dankuni plant near Kolkata, West Bengal.
Net profit of Lux Industries rose 26.66% to Rs 15.44 crore on 6.86% decline in net sales to Rs 269.73 crore in Q4 March 2016 over Q4 March 2015.
Lux industries makes underwear. Its offerings include various kinds of hosiery products for men, women and children.
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