Wendt (India) rose 3.23% to Rs 1,600 at 9:42 IST on BSE after consolidated net profit declined 9.46% to Rs 3.54 crore on 10% growth in total income from operations to Rs 32.56 crore in Q2 September 2014 over Q2 September 2013.
The Q2 result was announced before market hours today, 27 October 2014.
Meanwhile, the S&P BSE Sensex was up 26.36 points or 0.1% at 26,877.41.
On BSE, so far 176 shares were traded in the counter as against average daily volume of 106 shares in the past two weeks.
The stock hit a high of Rs 1,616 and a low of Rs 1,567.20 so far during the day.
Wendt (India) is a leading manufacturer of super abrasive grinding wheels (diamond and cubic boron nitride), special purpose grinding machines and tools.
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