Gokul Agro Resources spurted 6.93% to Rs 30.85 at 11:25 IST on BSE after net profit rose 14.5% to Rs 8.85 crore on 14% increase in net sales to Rs 1145.18 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours on Friday, 5 May 2017.
Meanwhile, the S&P BSE Sensex was up 131.54 points, or 0.44% at 29,990.34. The S&P BSE Small-cap index was up 106.23 points, 0.69% at 15,462.07.
On the BSE, 80,000 shares were traded on the counter so far as against the average daily volumes of 1.58 lakh shares in the past one quarter. The stock had hit a high of Rs 32.40 and a low of Rs 30.70 so far during the day.
The stock had hit a record high of Rs 34.40 on 8 March 2017 and a 52-week low of Rs 10.02 on 5 May 2016. The stock had outperformed the market over the past one month till 5 May 2017, advancing 11.18% compared with the Sensex's 0.39% fall. The scrip had also outperformed the market over the past one quarter advancing 42.47% as against the Sensex's 5.73% rise.
The small-cap company has equity capital of Rs 26.38 crore. Face value per share is Rs 2.
Gokul Agro Resources is a FMCG company with manufacturing and processing facilities for various kinds of edible and non-edible oils and meals.
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