Safari Industries (India) rose 5.43% to Rs 504 at 10:16 IST on BSE after the net profit surged 265.6% to Rs 3.51 crore on 19.2% rise in net sales to Rs 88.16 crore in Q2 September 2017 over Q2 September 2016.
The result was announced after market hours yesterday, 29 November 2017.Meanwhile, the S&P BSE Sensex was down 228.54 points, or 0.68% to 33,374.22.
On the BSE, 2,292 shares were traded in the counter so far, compared with average daily volumes of 3,557 shares in the past one quarter. The stock had hit a high of Rs 549 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 489.10 so far during the day. The stock hit a 52-week low of Rs 171.60 on 8 December 2016.
Safari Industries (India) is engaged in the business of manufacture and sale of travel goods. The company's products and services include plastic molded suitcases, plastic molded briefcases and vanity cases.
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