Merck rose 6.34% to Rs 850 at 15:29 IST on BSE after net profit rose 119.97% to Rs 27.54 crore on 6.91% growth in net sales to Rs 262.85 crore in Q3 September 2016 over Q3 September 2015.
The result was announced after market hours on Friday, 11 November 2016. The stock markets were closed on Monday, 14 November 2016, for a public holiday.Meanwhile, the S&P BSE Sensex was down 514.19 points or 1.92% at 26,304.63
On BSE, so far 49,000 shares were traded in the counter as against average daily volume of 6,084 shares in the past two weeks. The stock hit a high of Rs 906.30 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 840.70 so far during the day. The stock had hit a 52-week low of Rs 623 on 12 February 2016.
The small-cap company has equity capital of Rs 16.60 crore. Face value per share is Rs 10.
Merck is a leading science and technology company in healthcare, life science and performance materials.
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