Butterfly Gandhimathi Appliances was locked at 5% upper circuit at Rs 498.35 at 13:45 IST on BSE, with the stock extending recent rally.
Meanwhile, the S&P BSE Sensex was up 65.11 points or 0.19% at 33,683.70.
On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 27,280 shares in the past one quarter. The stock had hit a high of Rs 498.35 so far during the day, which is a record high. The stock hit a low of Rs 495 so far during the day. The stock had hit a 52-week low of Rs 157 on 9 August 2017.
Shares of Butterfly Gandhimathi Appliances have spurted 38.44% in eight trading sessions to its ruling market price, from its closing of Rs 359.95 on 17 November 2017.
Butterfly Gandhimathi Appliances' net profit galloped 1990.9% to Rs 11.50 crore on 29.6% growth in net sales to Rs 200.95 crore in Q2 September 2017 over Q2 September 2016.
Butterfly Gandhimathi Appliances is into domestic kitchen appliances and domestic electrical appliances marketed under the trade mark 'Butterfly'.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
