Supreme Industries rose 3.84% to Rs 693.95 at 14:14 IST on BSE after consolidated net profit rose 133.02% to Rs 82.14 crore on 6.07% decline in total income to Rs 1002.14 crore in Q3 December 2015 over Q3 December 2014.
The result was announced during trading hours today, 25 January 2016.Meanwhile, the BSE Sensex was up 39.68 points, or 0.16%, to 24,475.34.
On BSE, so far 20,000 shares were traded in the counter, compared with an average volume of 22,867 shares in the past one quarter. The stock hit a high of Rs 713.25 and a low of Rs 670 so far during the day. The stock hit a record high of Rs 745 on 10 April 2015. The stock hit a 52-week low of Rs 540 on 25 August 2015. The stock had outperformed the market over the past one month till 22 January 2016, rising 0.31% compared with 4.51% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 6.60% as against Sensex's 10.45% fall.
The mid-cap company has an equity capital of Rs 25.41 crore. Face value per share is Rs 2.
Supreme Industries is India's leading processors of plastics, offering a wide and comprehensive range of plastic products in India. The company operates in various segments viz. plastic piping system, cross laminated films & products, protective packaging products, industrial moulded components, moulded furniture, storage & material handling products, performance packaging films and composite LPG cylinders. Supreme Industries has 25 technologically advanced manufacturing facilities located at various places spread across the country. The company has built-up excellent relationship with its distributors and is also providing orientation to them, in order to ensure proper service to ultimate customers.
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