Navkar Corporation rose 8.33% to Rs 63.10 at 14:25 IST on BSE, extending recent gains amid strong buying momentum.
Meanwhile, the S&P BSE Sensex was down 565.01 points, or 1.55% to 35,866.66.On the BSE, 4.24 lakh shares were traded in the counter so far compared with average daily volumes of 1.49 lakh shares in the past two weeks. The stock had hit a high of Rs 64.25 and a low of Rs 58.25 so far during the day. The stock hit a 52-week high of Rs 218.85 on 9 January 2018. The stock hit a 52-week low of Rs 41.35 on 7 December 2018.
Shares of Navkar Corporation spurted 48.65% in three trading sessions to its current market price of Rs 63.10, from a recent closing low of Rs 42.45 on 18 December 2018.
Net profit of Navkar Corporation declined 87.20% to Rs 3.30 crore on 3.97% rise in net sales to Rs 112.08 crore in Q2 September 2018 over Q2 September 2017.
Navkar Corporation is engaged in the business of container freight station (CFS) and related activities.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
