Siyaram Silk Mills gained 3.03% to Rs 2,385 at 09:27 IST on BSE after net profit rose 26.07% to Rs 10.35 crore on 12.66% rise in total income to Rs 324.82 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 26 July 2017.Meanwhile, the S&P BSE Sensex was up 176.18 points, or 0.54% at 32,558.64. The S&P BSE Small-Cap index was up 81.32 points, or 0.51% at 16,179.96.
On the BSE, 316 shares were traded on the counter so far as against the average daily volumes of 1,634 shares in the past one quarter. The stock had hit a high of Rs 2,405.40 and a low of Rs 2,299.55 so far during the day. The stock had hit a record high of Rs 2,499 on 19 July 2017 and a 52-week low of Rs 994 on 2 August 2016.
The small-cap company has equity capital of Rs 9.37 crore. Face value per share is Rs 10.
Siyaram Silk Mills' board at its meeting held yesterday, 26 July 2017 approved a 2-for-1 stock split of equity shares. The announcement was made after market hours yesterday, 26 July 2017.
Siyaram Silk Mills manufactures and markets textiles, cotton, woollen synthetics and synthetic blends. The company is known for its polyester blended worsted fabrics.
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