Vesuvius India rose 2.02% to Rs 1,300.55 at 10:16 IST on BSE after net profit rose 26.2% to Rs 23.43 crore on 27.6% increase in net sales to Rs 227.38 crore in Q1 March 2017 over Q1 March 2016.
The result was announced after market hours yesterday, 12 June 2017.
Meanwhile, the S&P BSE Sensex was up 58.53 points, or 0.19% at 31,154.23. The S&P BSE Small-Cap index was up 99.58 points, or 0.64% at 15,553.64.
On the BSE, 489 shares were traded on the counter so far as against the average daily volumes of 141 shares in the past two weeks. The stock had hit a high of Rs 1,313.50 so far during the day, which is also its record high. The stock hit a low of Rs 1,286 so far during the day. The stock had hit a 52-week low of Rs 817.40 on 13 June 2016.
The stock had underperformed the market over the past one month till 12 June 2017, gaining 0.7% compared with the Sensex's 3.01% rise. The scrip had also underperformed the market over the past one quarter advancing 6.95% as against the Sensex's 7.43% rise. The scrip had, however, outperformed the market over the past one year advancing 52.34% as against the Sensex's 16.74% rise.
The small-cap company has equity capital of Rs 20.30 crore. Face value per share is Rs 10.
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Vesuvius India is primarily a manufacturer and trader of refractories.
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