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BASF India surges after turnaround Q4 outcome

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BASF India gained 4.92% to Rs 970.60 at 09:36 IST on BSE after the company reported net profit of Rs 76.81 crore in Q4 March 2016, as compared to net loss of Rs 59.33 crore in Q4 March 2015.

The result was announced after market hours yesterday, 3 May 2016.

Meanwhile, the BSE Sensex was down 111.10 points, or 0.44%, to 25,118.60

On BSE, so far 19,163 shares were traded in the counter, compared with an average volume of 4,973 shares in the past one quarter. The stock hit a high of Rs 1,008.10 and a low of Rs 963 so far during the day. The stock hit a 52-week high of Rs 1,416 on 10 August 2015. The stock hit a 52-week low of Rs 699.90 on 12 February 2016.

 

The mid-cap company has an equity capital of Rs 43.29 crore. Face value per share is Rs 10.

BASF India's net sales rose 7.5% to Rs 1148.86 crore in Q4 March 2016 over Q4 March 2015.

BASF India is a leading transnational company in the Indian chemical industry.

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First Published: May 04 2016 | 9:46 AM IST

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