PTC India rose 2.97% to Rs 64.20 at 10:54 IST on BSE after the company announced that PTC Energy has achieved successful commissioning of its 30 megawatts wind power project at Jaora, Ratlam district in Madhya Pradesh on 8 March 2016.
PTC Energy is a subsidiary of PTC India. The announcement was made after trading hours yesterday, 9 March 2016.Meanwhile, the BSE Sensex was down 228.06 points, or 0.92%, to 24,565.90
On BSE, so far 1.16 lakh shares were traded in the counter, compared with an average volume of 1.82 lakh shares in the past one quarter. The stock hit a high of Rs 64.40 and a low of Rs 62.40 so far during the day. The stock hit a 52-week high of Rs 84.30 on 10 March 2015. The stock hit a 52-week low of Rs 50.20 on 25 August 2015. The stock had underperformed the market over the past one month till 9 March 2016, sliding 3.93% compared with 3.22% gains in the Sensex. The scrip, however, outperformed the market in past one quarter, rising 3.83% as against Sensex's 0.97% fall.
The small-cap company has an equity capital of Rs 296.01 crore. Face value per share is Rs 10.
PTC India's net profit jumped 583.7% to Rs 45.33 crore on 4.1% rise in net sales to Rs 2935.05 crore in Q3 December 2015 over Q3 December 2014.
PTC India provides power trading solutions in India. Its primary focus is to develop a commercially vibrant power market in the country.
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