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TTK Healthcare surges after strong Q3 results

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Capital Market
Last Updated : Jan 21 2015 | 3:45 PM IST

TTK Healthcare rose 4.32% to Rs 857 at 14:31 IST on BSE after net profit rose 20.05% to Rs 4.19 crore on 14.25% growth in total income from operations to Rs 120.82 crore in Q3 December 2014 over Q3 December 2013.

The Q3 result was announced during market hours today, 21 January 2015.

Meanwhile, the S&P BSE Sensex was up 110.21 points or 0.38% at 28,894.88.

On BSE, so far 13,000 shares were traded in the counter as against average daily volume of 2,905 shares over the past one quarter.

The stock hit a high of Rs 890 and a low of Rs 830 so far during the day. The stock had hit a record high of Rs 932.85 on 19 September 2014. The stock had hit a 52-week low of Rs 450 on 17 February 2014.

The stock had underperformed the market over the past one month till 20 January 2015, advancing 4.86% compared with Sensex's 5.16% rise. The scrip had, however, outperformed the market in past one quarter, surging 9.21% as against Sensex's 8.91% rise.

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The small-cap company has equity capital of Rs 7.77 crore. Face value per share is Rs 10.

TTK Healthcare's products include cardiac care systems, blood management systems, renal care systems, hospital accessories, antibiotics, woodwards gripe water, animal medicines, etc. It also has a consumer products and food division manufacturing kiwi shoe polishes, snacks, etc.

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First Published: Jan 21 2015 | 2:26 PM IST

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