Sinclairs Hotels surged 12.67% to Rs 346.90 at 15:15 IST on BSE on bargain hunting after sliding 11.08% in the preceding eight trading sessions to settle at Rs 307.90 yesterday, 7 June 2017, from its close of Rs 346.25 on 26 May 2017.
Meanwhile, the S&P BSE Sensex was down 54.96 points or 0.18% at 31,216.32. The S&P BSE Small-Cap index was up 50.60 points or 0.33% at 15,476.46.
On BSE, so far 3.81 lakh shares were traded in the counter as against average daily volume of 45,539 shares in the past one quarter. The stock hit a high of Rs 346.90 and a low of Rs 302 so far during the day. The stock had hit a 52-week high of Rs 454 on 2 May 2017. The stock had hit a 52-week low of Rs 275 on 10 January 2017.
The small-cap company has equity capital of Rs 5.57 crore. Face value per share is Rs 10.
Sinclairs Hotels' net profit fell 6.42% to Rs 1.75 crore on 13.21% rise in net sales to Rs 12.60 crore in Q4 March 2017 over Q4 March 2016.
Sinclairs Hotels owns and operates hotels and resorts at Burdwan, Darjeeling, Dooars, Kalimpong, Siliguri, Ooty and Port Blair.
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