DCW jumped 6.43% to Rs 30.60 at 15:00 IST on BSE after net profit surged 65.44% to Rs 8.94 crore on 12.14% drop in total income from operations to Rs 336.15 crore in Q2 September 2016 over Q2 September 2015.
The result was announced during market hours today, 6 December 2016.Meanwhile, the S&P BSE Sensex was up 66.05 points or 0.25% at 26,415.15.
More than usual volumes were witnessed on the counter. On the BSE, 7.39 lakh shares were traded on the counter so far as against average daily volume of 5.01 lakh shares in the past one quarter. The stock had hit a high of Rs 31.25 and a low of Rs 29 so far during the day.
The small-cap company has an equity capital of Rs 44.20 crore. Face value per share is Rs 2.
DCW is an industry pioneer with a strong presence in the chlor-alkali, synthetic rutile and PVC business segments.
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