Technocraft Industries (India) rose 2.15% to Rs 211.60 at 14:31 IST on BSE after the company said production in the yarn division resumed from today, 12 September 2014.
The announcement was made during trading hours today, 12 September 2014.
Meanwhile, the BSE Sensex was up 69.04 points, or 0.26%, to 27,064.91.
On BSE, so far 37,000 shares were traded in the counter, compared with an average volume of 38,968 shares in the past one quarter.
The stock hit a high of Rs 213.60 and a low of Rs 203 so far during the day. The stock hit a record high of Rs 217.80 on 11 September 2014. The stock hit a 52-week low of Rs 68.50 on 23 September 2013.
The stock had outperformed the market over the past one month till 11 September 2014, rising 25.09% compared with 5.79% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 30.65% as against Sensex's 5.97% rise.
The small-cap company has an equity capital of Rs 31.53 crore. Face value per share is Rs 10.
On 18 August 2014, Technocraft Industries (India) had announced closure of work at the yarn division in Thane due to labour unrest.
On consolidated basis, Technocraft Industries (India)'s net profit fell 33% to Rs 20.18 crore on 23% growth in net sales to Rs 161.27 crore in Q1 June 2014 over Q1 June 2013.
Technocraft Industries India manufactures construction equipment and apparel. The company produces drum closures, pipe, scaffolding, fence panels, yarns, and men's T-shirts.
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