Zee Learn was up 2.35% to Rs 48 at 11:52 IST on BSE after net profit surged 88.8% to Rs 14.65 crore on 19.7% growth in net sales to Rs 60.13 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours yesterday, 25 April 2017.Meanwhile, the S&P BSE Sensex was up 198.18 points or 0.66% at 30,141.42.
On the BSE, 3.57 lakh shares were traded on the counter so far as against the average daily volumes of 1.45 lakh shares in the past one quarter. The stock had hit a high of Rs 49.90 and a low of Rs 47.40 so far during the day.
The stock had hit a 52-week high of Rs 51.35 on 24 March 2017 and a 52-week low of Rs 26.50 on 24 June 2016. It had underperformed the market over the past one month till 25 April 2017, sliding 5.73% compared with the Sensex's 1.77% rise. The scrip had also underperformed the market over the past one quarter, gaining 2.18% as against the Sensex's 8.07% rise.
The small-cap company has equity capital of Rs 32.29 crore. Face value per share is Rs 1.
A part of Essel Group, Zee Learn is one of the leading companies in the education sector.
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