Nilkamal surged 5.14% to Rs 483.10 at 12:06 IST on BSE after net profit jumped 53.54% to Rs 21.68 crore on 6.49% growth in total income from operations (net) to Rs 490.26 crore in Q4 March 2015 over Q4 March 2014.
The Q4 result was announced before market hours today, 13 May 2015.
Meanwhile, the S&P BSE Sensex was down 7.34 points or 0.03% at 26,870.14.
The stock surged on high volumes. On BSE, so far 1.05 lakh shares were traded in the counter as against average daily volume of 15,176 shares in the past one quarter.
The stock hit a high of Rs 507.80 so far during the day, which is a record high for the counter. The stock hit a low of Rs 480 so far during the day. The stock had hit a 52-week low of Rs 207 on 14 May 2014.
The stock had outperformed the market over the past one month till 12 May 2015, surging 6.96% compared with Sensex's 6.93% fall. The scrip had also outperformed the market in past one quarter, jumping 8.1% as against Sensex's 6.69% fall.
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The small-cap company has equity capital of Rs 14.92 crore. Face value per share is Rs 10.
Nilkamal operates five key businesses viz. material handling crates, containers and bins, moulded furniture such as chairs, tables and cabinets, custom mouldings & OEM supplies for specific customers, the Mega Home Store Retail Chain and service products for hospitality industry.
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