WPIL, Roto Pumps zoom 20% on robust Q1 result

WPIL zoomed of 20% at Rs 873, also its 52-week high on the BSE, while Roto Pumps surged 20% at Rs 108 on back of heavy volumes.

Shares of WPIL and Roto Pumps are locked in upper circuit of 20% each on the BSE after these companies reported a robust set of numbers for the quarter ended June 2018 (Q1FY19).

WPIL has zoomed of 20% at Rs 873, also its 52-week high on the BSE, after the company reported a more than four-fold jump in net profit at Rs 242 million in June quarter (Q1FY19).

It had a profit of Rs 53 million in the same quarter last fiscal. The company had posted a net profit of Rs 476 million in the entire previous financial