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Rushil Decor hits record high

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Capital Market

Rushil Decor rose 1.89% to Rs 708.80 at 11:45 IST on BSE after net profit spurted 848.5% to Rs 6.45 crore on 13.7% increase in net sales to Rs 82.27 crore in Q4 March 2017 over Q4 March 2016.

The result was announced on Saturday, 29 April 2017. Domestic stock markets remained closed on Monday, 1 May 2017, for a local holiday.

Meanwhile, the S&P BSE Sensex was down 78.58 points, or 0.26% at 29,839.82. The S&P BSE Small-cap index was down 21.45 points, 0.14% at 15,351.06.

On the BSE, 28,000 shares were traded on the counter so far as against the average daily volumes of 51,019 shares in the past one quarter. The stock had hit a high of Rs 747.90 so far during the day, which is also its record high. The stock hit a low of Rs 703.65 so far during the day.

 

The stock had hit a 52-week low of Rs 281 on 29 April 2016. The stock had outperformed the market over the past one month till 28 April 2017, advancing 11.73% compared with the Sensex's 1.73% rise. The scrip had, however, underperformed the market over the past one quarter advancing 2.63% as against the Sensex's 7.3% rise.

The small-cap company has equity capital of Rs 14.40 crore. Face value per share is Rs 10.

Rushil Decor is the flagship company of the Rushil group. The company offers comprehensive engineered interior products including decorative laminate sheets and plain particle boards.

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First Published: May 02 2017 | 11:45 AM IST

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