Jindal Worldwide gained 1.53% to Rs 1,251.35 at 10:50 IST on BSE after the company said that its board of directors approved 2 for 1 stock split.
The announcement was made on Saturday, 28 October 2017.Meanwhile, the S&P BSE Sensex index was up 137.28 points, or 0.42% at 33,295.67. The S&P BSE Small-Cap index was up 199.34 points, or 1.22% at 16578.92, outperforming the Sensex.
On the BSE, 3,292 shares were traded on the counter so far as against the average daily volumes of 37,757 shares in the past one quarter. The stock had hit a high of Rs 1,263.60 and a low of Rs 1,227 so far during the day. The stock had hit a record high of Rs 1,271.85 on 25 October 2017. The stock had hit a 52-week low of Rs 155 on 2 December 2016.
The small-cap company has equity capital of Rs 20.05 crore. Face value per share is Rs 10.
Jindal Worldwide's net profit rose 30.8% to Rs 17.55 crore on 31.5% rise in net sales to Rs 362.87 crore in Q1 June 2017 over Q1 June 2016.
Jindal Worldwide is the leader in Indian textile Industries and is operating in Indian contingent as well as having its international collaboration and clients in north and South America to Europe, Africa and Middle-East Asia.
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