Everest Industries surged 8.96% to Rs 355 at 14:56 IST on BSE after HDFC Mutual Fund bought 3.75 lakh shares of the company yesterday, 15 October 2015.
Meanwhile, the S&P BSE Sensex was up 189.34 points or 0.7% at 27,199.48
On BSE, so far 42,399 shares were traded in the counter as against average daily volume of 5,691 shares in the past one quarter.
The stock hit a high of Rs 371 and a low of Rs 330 so far during the day. The stock had hit a record high of Rs 430 on 15 July 2015. The stock had hit a 52-week low of Rs 247.10 on 20 October 2014.
The stock had outperformed the market over the past one month till 15 October 2015, rising 5.4% compared with 5.07% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 6.43% as against Sensex's 4.21% decline.
The small-cap company has equity capital of Rs 15.36 crore. Face value per share is Rs 10.
HDFC Mutual Fund bought 3.75 lakh shares of Everest Industries at Rs 340 per share in a bulk deal on NSE yesterday, 15 October 2015. Reliance Mutual Fund A/C Reliance Mid and Small Cap Fund sold 4.04 lakh shares of the company at an average price of Rs 340.03 per share in a bulk deal on NSE yesterday, 15 October 2015
Everest Industries' net profit rose 16.9% to Rs 22.94 crore on 5.6% growth in net sales to Rs 402.25 crore in Q1 June 2015 over Q1 June 2014.
Everest Industries is one of India's fastest growing building solutions companies.
Powered by Capital Market - Live News
