Jay Bharat Maruti surged 9.65% to Rs 155.60 at 9:45 IST on BSE after net profit rose 26.64% to Rs 12.69 crore on 1.22% growth in net total income from operations to Rs 339.31 crore in Q4 March 2016 over Q4 March 2015.
The result was announced after market hours yesterday, 20 April 2016.Meanwhile, the S&P BSE Sensex was up 227.17 points or 0.88% at 26,071.35.
On BSE, so far 10,000 shares were traded in the counter as against average daily volume of 2,836 shares in the past two weeks. The stock hit a high of Rs 154 and a low of Rs 148.70 so far during the day. The stock had hit a record high of Rs 184.40 on 4 January 2016. The stock had hit a 52-week low of Rs 114 on 12 February 2016.
The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.
Jay Bharat Maruti is engaged in the business of manufacturing of components for automobiles. The company mainly caters to the needs of its joint venture partner viz. Maruti Suzuki India.
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