Prism Cement rose 0.71% to Rs 92.20 at 13:58 IST on BSE after a bulk deal of 20 lakh shares was executed on the scrip at Rs 93.40 per share at 10:51 IST on BSE today, 15 September 2015.
Meanwhile, the BSE Sensex was down 199.50 points, or 0.77%, to 25,657.20
Bulk deal boosted volume on the Prism Cement counter. On BSE, so far 25.44 lakh shares were traded in the counter, compared with an average volume of 71,666 shares in the past one quarter.
The stock was volatile. The stock gained as much as 4.97% at the day's high of Rs 96.10 so far during the day. The stock fell as much as 0.27% at the day's low of Rs 91.30 so far during the day. The stock hit a record high of Rs 133.60 on 8 April 2015. The stock hit a 52-week low of Rs 65.25 on 26 September 2014.
The stock had outperformed the market over the past one month till 14 September 2015, falling 6.39% compared with 7.88% fall in the Sensex. The scrip also underperformed the market in past one quarter, sliding 14.44% as against Sensex's 2.15% decline.
The mid-cap company has an equity capital of Rs 503.36 crore. Face value per share is Rs 10.
Prism Cement reported net loss of Rs 8.04 crore in Q1 June 2015 as compared with net profit of Rs 13.24 crore in Q1 June 2014. Total income fell 1.5% to Rs 1371.08 crore in Q1 June 2015 over Q1 June 2014.
Prism Cement is an integrated building materials company, with a wide range of products from cement, ready-mixed concrete, tiles, bath products to kitchens. The company has three divisions, viz. Prism Cement, H & R Johnson (India) and RMC Readymix (India).
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