NCL Industries jumped 5.63% to Rs 221.55 at 14:24 IST on BSE after net profit spurted 78.1% to Rs 16.26 crore on 17.9% increase in net sales to Rs 196.60 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours on Monday, 14 August 2017.
Meanwhile, the S&P BSE Sensex was up 232.01 points, or 0.74% at 31,681.04. The S&P BSE Small-Cap index was up 171.99 points, or 1.12% at 15,581.41.
On the BSE, 38,000 shares were traded on the counter so far as against the average daily volumes of 20,361 shares in the past one quarter. The stock had hit a high of Rs 224 and a low of Rs 216 so far during the day. The stock had hit a record high of Rs 228.65 on 17 May 2017 and a 52-week low of Rs 99.90 on 17 November 2016.
The stock had underperformed the market over the past one month till 14 Aug 2017, declining 3.54% compared with the Sensex's 1.79% fall. The scrip had, however, outperformed the market over the past one year advancing 84.23% as against the Sensex's 11.71% rise.
The small-cap company has equity capital of Rs 36.73 crore. Face value per share is Rs 10.
NCL Industries is engaged in manufacturing cement. The company's segments are cement, boards, prefab structures, hydel power and ready-mix concrete (RMC).
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