Vesuvius India was up 15.69% to Rs 1,018.70 at 13:55 IST on BSE after net profit rose 23.49% to Rs 23.81 crore on 23.47% growth in total income from operations to Rs 208.05 crore in Q2 June 2016 over Q2 June 2015.
The result was announced during market hours today, 8 August 2016.Meanwhile, the S&P BSE Sensex was up 72.64 points or 0.26% at 28,150.99.
On BSE, so far 25,000 shares were traded in the counter as against average daily volume of 750 shares in the past one quarter. The stock hit a high of Rs 1,033 so far during the day, which is a record high for the counter. The stock hit a low of Rs 904.95 so far during the day. The stock had hit a 52-week low of Rs 620 on 25 August 2015. The stock had underperformed the market over the past one month till 5 August 2016, advancing 0.76% compared with 3.36% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 12.17% as against Sensex's 11.15% rise.
The small-cap company has equity capital of Rs 20.30 crore. Face value per share is Rs 10.
Vesuvius India is primarily a manufacturer and trader of refractories.
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