Ingersoll-Rand (India) surged 6.85% to Rs 769 at 11:43 IST on BSE after net profit jumped 119.3% to Rs 15.77 crore on 7% growth in net sales to Rs 149.31 crore in Q1 June 2016 over Q1 June 2015.
The Q1 result was announced after market hours yesterday, 26 July 2016.Meanwhile, the S&P BSE Sensex was down 15.66 points or 0.06% at 27,960.86
On BSE, so far 23,959 shares were traded in the counter as against average daily volume of 3,429 shares in the past one quarter. The stock hit a high of Rs 789 and a low of Rs 760 so far during the day. The stock had hit a 52-week low of Rs 583 on 17 February 2016. The stock had hit a 52-week high of Rs 1,049 on 6 August 2015. The stock had outperformed the market over the past one month till 26 July 2016, rising 13.68% compared with 5.98% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 7.51% as against Sensex's 7.57% rise.
The small-cap company has equity capital of Rs 31.57 crore. Face value per share is Rs 10.
Ingersoll-Rand (India) delivers industrial products and solutions to markets such as automotive, process, pharmaceutical, food security, healthcare, mining, defence and other related industries.
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