Wim Plast rose 1.06% to Rs 2,537.95 at 12:05 IST on BSE after the company's board of directors recommended a liberal 1:1 bonus issue at the time of announcing Q1 result after market hours yesterday, 2 August 2016.
Meanwhile, the S&P BSE Sensex was down 224.57 points, or 0.8%, to 27,757.14
On BSE, so far 8,933 shares were traded in the counter, compared with average daily volume of 15,460 shares in the past one quarter. The stock hit a high of Rs 2,649 in intraday trade so far, which is record for the counter. The stock hit a low of Rs 2,500 so far during the day. The stock hit a 52-week low of Rs 1,551 on 1 April 2016. The stock had outperformed the market over the past one month till 2 August 2016, surging 25.25% compared with 3.08% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 30.94% as against Sensex's 10% rise.
The small-cap company has an equity capital of Rs 6 crore. Face value per share is Rs 10.
Wim Plast's net profit rose 43% to Rs 13.51 crore on 14.8% rise in net sales to Rs 99.32 crore in Q1 June 2016 over Q1 June 2015.
Wim Plast manufactures plastic moulded furnitures.
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