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Supreme Petrochem gallops after announcing robust Q4 results

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Supreme Petrochem was locked at 20% upper circuit at Rs 114.40 at 13:26 IST on BSE after net profit jumped 719.94% to Rs 63.41 crore on 1.62% decline in net total income from operations to Rs 679.41 crore in Q4 June 2015 over Q4 June 2014.

The result was announced after market hours yesterday, 21 July 2015.

Meanwhile, the BSE Sensex was up 227.73 points, or 0.81%, to 28,409.87.

On BSE, so far 6.42 lakh shares were traded in the counter, compared with an average volume of 72,516 shares in the past one quarter.

Shares of polystyrene supplier were locked at a high of Rs 114.40, also a record high for the stock. The stock hit a low of Rs 105.10 so far during the day. The stock had hit a 52-week low of Rs 62.55 on 31 March 2015.

 

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First Published: Jul 22 2015 | 1:12 PM IST

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