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Oscar Investments reverses recent steep rally

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Capital Market
Last Updated : Apr 12 2017 | 4:01 PM IST

Oscar Investments lost 5.01% to Rs 377 at 15:25 IST on BSE on profit booking after surging 70.93% in the preceding six trading sessions to settle at Rs 396.90 yesterday, 11 April 2017, from its close of Rs 232.20 on 31 March 2017.

Meanwhile, the S&P BSE Sensex was down 144.87 points or 0.49% at 29,643.48. The S&P BSE Mid-Cap index was down 72.60 points or 0.49% at 14,852.27

On BSE, so far 1,121 shares were traded in the counter as against average daily volume of 2,629 shares in the past one quarter. The stock hit a high of Rs 404.95 and a low of Rs 370.10 so far during the day. The stock had hit a 52-week high of Rs 408.90 yesterday, 11 April 2017. The stock had hit a 52-week low of Rs 179.10 on 10 June 2016.

The stock had outperformed the market over the past one month till 11 April 2017, rising 63.33% compared with 2.91% rise in the Sensex. The scrip also outperformed the market in past one quarter, surging 79.59% as against Sensex's 9.76% rise.

The small-cap company has equity capital of Rs 17.28 crore. Face value per share is Rs 10.

Oscar Investments' net profit rose 217.36% to Rs 12.25 crore on 14.66% rise in total income to Rs 45.76 crore in Q3 December 2016 over Q3 December 2015.

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Oscar Investments is an investment firm. The company is a non deposit taking non-banking finance company.

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First Published: Apr 12 2017 | 3:36 PM IST

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