Elantas Beck India lost 2.93% to Rs 2,088.10 at 13:39 IST on BSE on profit booking after gaining 8.61% in the preceding seven trading sessions to settle at Rs 2,151.10 yesterday, 10 May 2017 from its close of Rs 1,980.65 on 28 April 2017.
Meanwhile, the S&P BSE Sensex was up 47.45 points or 0.16% at 30,295.62. The S&P Small-Cap index was down 9.62 points or 0.06% at 15,652.03.
On BSE, so far 1,291 shares were traded in the counter as against average daily volume of 1,498 shares in the past one quarter. The stock hit a high of Rs 2,211 in intraday trade so far, which is a 52-week high for the counter. The stock had hit a low of Rs 2,026 so far during the day. The stock had hit a 52-week low of Rs 1,326.50 on 10 May 2016.
The stock had outperformed the market over the past one month till 10 May 2017, rising 14.9% compared with 1.54% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 19.55% as against Sensex's 6.77% rise.
The small-cap company has equity capital of Rs 7.93 crore. Face value per share is Rs 10.
Elantas Beck India's net profit increased 10.9% to Rs 14.96 crore on 10.48% growth in total income to Rs 102.18 crore in Q1 March 2017 over Q1 March 2016.
Elantas Beck India manufactures a wide range of specialty chemicals for electrical insulation and construction industries.
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