KNR Constructions was up 2.86% to Rs 640 at 15:22 IST on BSE after net profit jumped 86.6% to Rs 30.21 crore on 73.9% growth in net sales to Rs 303.64 crore in Q1 June 2016 over Q1 June 2015.
The result was announced on Sunday, 14 August 2016. The stock market was closed yesterday, 15 August 2016, for a holiday.Meanwhile, the S&P BSE Sensex was down 79.07 points or 0.28% at 28,073.33.
On BSE, so far 5,543 shares were traded in the counter as against average daily volume of 14,659 shares in the past one quarter. The stock hit a high of Rs 645 and a low of Rs 624.90 so far during the day. The stock had hit a record high of Rs 651.75 on 19 November 2015. The stock had hit a 52-week low of Rs 408 on 12 February 2016. The stock had outperformed the market over the past one month till 12 August 2016, surging 10.21% compared with 1.24% rise in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 19.65% as against Sensex's 9.16% rise.
The small-cap company has equity capital of Rs 28.12 crore. Face value per share is Rs 10.
KNR Constructions is an infrastructure development company providing engineering, procurement and construction services.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
