Nippo Batteries has surged 7% on good Q4 results.
The stock opened at Rs 350 and surged 7.5% to Rs 374. It is now up 7% at Rs 370. The counter has clocked a volume of 10,421 shares so far on the BSE.
The company has informed the BSE that the net profit has increased 50% to Rs 5.28 crore in Q4FY09 from Rs 3.46 crore in the corresponding quarter a year ago.
The total income is up 12% at Rs 63.2 crore from Rs 56.25 crore.
