Andrew Yule & Company surged 14.02% to Rs 24.40 at 11:58 IST on BSE after net profit surged 79.26% to Rs 27.14 crore on 17.13% growth in total income from operations to Rs 126.78 crore in Q2 September 2016 over Q2 September 2015.
The result was announced after market hours yesterday, 10 November 2016.Meanwhile, the S&P BSE Sensex was down 404.89 points or 1.47% at 27,112.79.
The stock spurted on heavy volumes. On BSE, so far 13.70 lakh shares were traded in the counter as against average daily volume of 1.11 lakh shares in the past two weeks. The stock hit a high of Rs 24.70 and a low of Rs 23.20 so far during the day. The stock had hit a 52-week high of Rs 33.85 on 23 December 2015. The stock had hit a 52-week low of Rs 18.15 on 1 March 2016.
The small-cap company has equity capital of Rs 69.22 crore. Face value per share is Rs 2.
Andrew Yule & Company is engaged in tea, electrical and engineering business.
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