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United Phosphorus gains 8.4% in two days on strong Q4 outcome

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Meanwhile, the S&P BSE Sensex was down 79.33 points or 0.41% at 19,327.52.

On BSE, 5.61 lakh shares were traded in the counter as against average daily volume of 1.93 lakh shares over the past one quarter.

The stock hit a high of Rs 142.30 and a low of Rs 133.10 so far during the day. The stock had hit a 52-week high of Rs 144.10 on 22 January 2013. The stock had hit a 52-week low of Rs 105 on 4 June 2012.

The stock had outperformed the market over the past one month till 25 April 2013, rising 12.42% compared with the Sensex's 3.88% rise. The scrip, however, underperformed the market in past one quarter, falling 4.17% as against Sensex's 3.47% fall.

 

The mid-cap company has equity capital of Rs 91.01 crore. Face value per share is Rs 2.

Shares of United Phosphorus gained 8.4% in two trading sessions from a recent low of Rs 129.05 on 23 April 2013 after the company reported strong Q4 results during trading hours on Thursday, 25 April 2013.

United Phosphorus' consolidated net profit surged 37.9% to Rs 278.40 crore on 32.4% growth in total income to Rs 2838.97 crore in Q4 March 2013 over Q4 March 2012.

United Phosphorus' consolidated net profit jumped 39.4% to Rs 774.60 crore on 19.7% growth in total income to Rs 9294.47 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

United Phosphorus' board of directors at a meeting held on Thursday, 25 April 2013, recommended a dividend of Rs 2.50 per share for FY 2013.

United Phosphorus is a global generic crop protection, chemicals and seeds company.

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First Published: Apr 26 2013 | 11:32 AM IST

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