Kokuyo Camlin surged 8.85% to Rs 67.65 after net profit jumped 97% to Rs 1.91 crore on a 3.94% decrease in total revenue from operations to Rs 136.43 crore in Q2 September 2019 over Q2 September 2018.
The result was announced during market hours today, 16 October 2019.Meanwhile, the S&P BSE Sensex was down 43 points or 0.11% to 38462.93.
On the BSE, 34,478 shares were traded in the counter so far compared with average daily volumes of 2,802 shares in the past two weeks. The stock hit a high of Rs 70.05 and a low of Rs 62.7 so far during the day.
The stock hit a 52-week high of Rs 125 on 15 Oct 2018. The stock hit a 52-week low of Rs 58.05 on 23 Aug 2019.
Kokuyo Camlin, formerly known as Camlin, is a stationery company. Kokuyo of Japan holds 74.44% stake in Kokuyo Camlin. Camlin manufactures art materials, marker pens, fountain pens, inks, pencils, and other stationery products.
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