Talwalkars Better Value Fitness jumped 5.97% to Rs 285 at 14:45 IST on BSE after consolidated net profit rose 21.79% to Rs 24.6 crore on 12.45% rise in net total income from operations to Rs 89.95 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours yesterday, 30 May 2017. The stock had risen 0.98% to Rs 268.95 yesterday, 30 May 2017, ahead of results.Meanwhile, the S&P BSE Sensex was up 55.49 points, or 0.18%, to 31,214.89. The S&P BSE Small-Cap index was up 172.87 points, or 1.16%, to 15,096.91.
More than usual volumes were witnessed on the counter. On the BSE, 96,405 shares were traded in the counter so far, compared with an average volume of 29,163 shares in the past one quarter. The stock had hit a high of Rs 299 and a low of Rs 272.70 so far during the day. The stock had hit a 52-week high of Rs 302.05 on 3 October 2016. The stock had hit a 52-week low of Rs 207.55 on 24 June 2016.
The stock had underperformed the market over the past one month till 30 May 2017, rising 0.22% compared with 4.15% gains in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 19.32% as against Sensex's 8.41% gains. The scrip had also outperformed the market in past one year, gaining 20.2% as against Sensex's 16.59% gains.
The small-cap company has equity capital of Rs 29.70 crore. Face value per share is Rs 10.
Talwalkars Better Value Fitness' board of directors recommended dividend of Rs 1.50 per share for the year ended 31 March 2017 (FY 2017).
Talwalkars Better Value Fitness is a leading chain of health and fitness centers in India.
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