Monte Carlo Fashions rose 2.39% to Rs 478.65 at 12:19 IST on BSE after net profit spurted 60.8% to Rs 5.21 crore on 12% decrease in net sales to Rs 66.06 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours on Friday, 18 August 2017.
Meanwhile, the S&P BSE Sensex was down 65.21 points, or 0.21% at 31,459.47. The S&P BSE Small-Cap index was down 10.62 points, or 0.07% at 15,607.33.
On the BSE, 1,354 shares were traded on the counter so far as against the average daily volumes of 9,684 shares in the past one quarter. The stock had hit a high of Rs 484 and a low of Rs 474.30 so far during the day. The stock had hit a record high of Rs 640.10 on 11 July 2017 and a 52-week low of Rs 370 on 17 February 2017.
The stock had underperformed the market over the past one month till 18 August 2017, declining 16.26% compared with the Sensex's 0.59% fall. The scrip had, however, outperformed the market over the past one quarter advancing 4.06% as against the Sensex's 3.58% rise. The scrip had, however, underperformed the market over the past one year advancing 2.51% as against the Sensex's 12.09% rise.
The small-cap company has equity capital of Rs 21.73 crore. Face value per share is Rs 10.
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Monte Carlo Fashions is engaged in manufacturing of all types of textile garments and clothing accessories.
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