Simplex Infrastructures surged 6.6% to Rs 495.85 at 11:15 IST on BSE after net profit spurted 67% to Rs 28.73 crore on 7.4% increase in net sales to Rs 1511.89 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 56.26 points, or 0.18% at 31,505.29. The S&P BSE Small-Cap index was up 121.41 points, or 0.79% at 15,530.61.
On the BSE, 2,598 shares were traded on the counter so far as against the average daily volumes of 5,123 shares in the past one quarter. The stock had hit a high of Rs 500.15 and a low of Rs 483.90 so far during the day. The stock had hit a 52-week high of Rs 590 on 13 June 2017 and a 52-week low of Rs 260 on 27 December 2016.
The stock had underperformed the market over the past one month till 14 Aug 2017, declining 11.55% compared with the Sensex's 1.79% fall. The scrip had, however, outperformed the market over the past one quarter advancing 14.05% as against the Sensex's 4.18% rise. The scrip had also outperformed the market over the past one year advancing 56.59% as against the Sensex's 11.71% rise.
The small-cap company has equity capital of Rs 9.89 crore. Face value per share is Rs 2.
Simplex Infrastructures' earnings before interest, tax, depreciation and amortization (EBITDA) increased by 7% to Rs 198 crore in Q1 June 2017 over Q1 June 2016.
Simplex Infrastructures is the largest pure play civil construction & engineering contractors in India.
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