Whirlpool of India rose 1.03% to Rs 1,204.90 at 10:54 IST on BSE after net profit rose 7.4% to Rs 74.38 crore on 19.06% rise in net sales to Rs 1014.55 crore in Q4 March 2017 over Q4 March 2016.
The announcement was made after market hours yesterday, 16 May 2017.Meanwhile, the S&P BSE Sensex was up 21.21 points, or 0.07% to 30,603.81.
On the BSE, 3,270 shares were traded in the counter so far, compared with average daily volumes of 23,507 shares in the past one quarter. The stock had hit a high of Rs 1,214.15 and a low of Rs 1,191 so far during the day. The stock hit a record high of Rs 1,289.55 on 29 March 2017. The stock hit a 52-week low of Rs 720.05 on 20 May 2016.
The stock had underperformed the market over the past one month till 16 May 2017, falling 1.30% compared with 3.97% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 24.45% as against Sensex's 8.62% rise.
The large-cap company has equity capital of Rs 126.87 crore. Face value per share is Rs 10.
Whirlpool of India's net profit rose 29.4% to Rs 310.49 crore on 14.6% rise in net sales to Rs 3940.77 crore in Q4 March 2017 over Q4 March 2016.
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Whirlpool of India is one of the leading manufacturers and marketers of major home appliances in the country.
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