Future Retail advanced 4.59% to Rs 568 at 13:18 IST on BSE after a bulk deal of 7.84 lakh shares was executed on the scrip at Rs 543.60 per share at 10:59 IST on BSE.
Meanwhile, the S&P BSE Sensex was down 118.45 points or 0.37% at 32,282.06.
Bulk deal boosted volume on the scrip. On the BSE, 9.15 lakh shares were traded on the counter so far as against the average daily volumes of 1.34 lakh shares in the past one quarter. The stock had hit a high of Rs 574 and a low of Rs 532.25 so far during the day. The stock had hit a record high of Rs 592.70 on 5 September 2017. The stock had hit a record low of Rs 116.10 on 5 December 2016.
The stock had outperformed the market over the past one month till 20 September 2017, rising 11.46% compared with 3.54% gain in the Sensex. The scrip also outperformed the market in past one quarter, gaining 44.95% as against Sensex's 3.55% rise. The scrip also outperformed the market in past one year, surging 257.03% as against Sensex's 13.66% upmove.
The large-cap company has equity capital of Rs 97.96 crore. Face value per share is Rs 2.
Future Retail's net profit surged 109.56% to Rs 147.85 crore on 18.12% growth in total income to Rs 4707.44 crore in Q1 June 2017 over Q1 June 2016.
Future Retail is primarily engaged in the business of multi-brand retail trade.
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