Responsive Industries rose 2.37% to Rs 82 at 15:19 IST on BSE after consolidated net profit rose 39.4% to Rs 7.08 crore on 16% decline in net sales to Rs 499.50 crore in Q1 June 2016 over Q1 June 2015.
The result was announced after market hours on Friday, 9 September 2016.Meanwhile, the S&P BSE Sensex was down 435.07 points or 1.51% at 28,362.18.
On BSE, so far 15,000 shares were traded in the counter as against average daily volume of 697 shares in the past one quarter. The stock hit a high of Rs 85.80 and a low of Rs 79 so far during the day. The stock had hit a 52-week high of Rs 119 on 11 January 2016. The stock had hit a 52-week low of Rs 70.20 on 9 November 2015. The stock had outperformed the market over the past one month till 9 September 2016, gaining 3.82% compared with Sensex's 2.54% gain. The scrip had, however, underperformed the market in past one quarter, advancing 2.1% as against Sensex's 7.6% gain.
The small-cap company has equity capital of Rs 26.69 crore. Face value per share is Rs 1.
Responsive Industries is one of the leading manufacturers of polyvinyl chloride (PVC) based products.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
