Asahi India Glass rose 2.11% to Rs 174 at 14:11 IST on BSE, after a bulk deal of 9 lakh shares was executed on the scrip at Rs 173.75 per share at 11:10 IST on BSE.
Meanwhile, the S&P BSE Sensex was up 138.42 points, or 0.53%, to 26,118.02
Bulk deal boosted volume on the Asahi India Glass counter. On the BSE, 9.06 lakh shares were traded on the counter so far as against the average daily volumes of 14,553 shares in the past one quarter. The stock had hit a high of Rs 175.80 and a low of Rs 170 so far during the day.
The stock had hit a record high of Rs 210 on 8 November 2016. The stock hit a 52-week low of Rs 135 on 22 March 2016. The stock had underperformed the market over the past 30 days till 22 December 2016, falling 5.11% compared with the 0.28% fall in the Sensex. The scrip, however, outperformed the market in past one quarter, falling 8.54% as against Sensex's 9.38% decline.
The mid-cap company has an equity capital of Rs 24.31 crore. Face value per share is Re 1.
Asahi India Glass' consolidated net profit rose 69.66% to Rs 32.10 crore on 9.71% rise in net sales to Rs 615.74 crore in Q2 September 2016 over Q2 September 2015.
Asahi India Glass is India's leading integrated glass manufacturer of all types of glass and a dominant player in the automotive and architectural glass value chains.
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