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Talwalkars firms up after good Q2 results

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Capital Market

Talwalkars Better Value Fitness rose 1.57% to Rs 142.45 at 11:48 IST on BSE after consolidated net profit rose 21.28% to Rs 14.76 crore on 24.27% increase in total income from operations to Rs 62.37 crore in Q2 September 2013 over Q2 September 2012.

The result was announced after market hours on Tuesday, 29 October 2013.

Meanwhile, the BSE Sensex was up 55.31 points, or 0.26%, to 20,984.32.

On BSE, 58,000 shares were traded in the counter compared with average volume of 17,468 shares in the past one quarter.

The stock hit a high of Rs 146.40 and a low of Rs 140.50 so far during the day. The stock hit a 52-week high of Rs 221.30 on 5 December 2012. The stock hit a 52-week low of Rs 110 on 30 August 2013.

 

The stock had outperformed the market over the past one month till 29 October 2013, rising 14.16% compared with the Sensex's 6.09% rise. The scrip had, however, underperformed the market in past one quarter, rising 3.51% as against Sensex's 6.82% rise.

The small-cap company has an equity capital of Rs 26.18 crore. Face value per share is Rs 10.

Talwalkars Better Value Fitness owns one of the largest and oldest fitness chains in India. The company's health clubs offer a suite of standardised services like gym, spa, aerobics and health counselling under the brand name 'Talwalkars'.

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First Published: Oct 30 2013 | 11:49 AM IST

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