D-Link India hit an upper circuit limit of 5% at Rs 96.15 at 14:30 IST on BSE after the company reported net profit of Rs 5.31 crore in Q4 March 2018 compared with net loss of Rs 1.52 crore in Q4 March 2017.
The result was announced after market hours yesterday, 29 May 2018.Meanwhile, the S&P BSE Sensex was down 35.68 points, or 0.10% to 34,913.56.
On the BSE, 11,000 shares were traded in the counter so far compared with average daily volumes of 3,687 shares in the past two weeks. The stock had hit a low of Rs 93 in intraday trade.
The stock hit a 52-week high of Rs 153.30 on 10 January 2018. The stock hit a 52-week low of Rs 80.20 on 28 March 2018.
D-Link India's net sales rose 20.4% to Rs 182.80 in Q4 March 2018 over Q4 March 2017.
D-Link (India) is engaged in marketing and distribution of networking products in India and SAARC countries.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
