Sintex Industries jumps after declaring good Q4 outcome
by Admin |09/05/2018
Sintex Industries surged 10.65% to Rs 18.70 at 11:18 IST on BSE after consolidated net profit rose 15.91% to Rs 57.42 crore on 6.67% fall in net sales to Rs 617.27 crore in Q4 March 2018 over Q4 March 2017.
The result was announced after market hours yesterday, 8 May 2018.
Meanwhile, the S&P BSE Sensex was up 38.32 points or 0.11% at 35,254.64.
On the BSE, 20.51 lakh shares were traded on the counter so far as against the average daily volumes of 3.64 lakh shares in the past two weeks. The stock had hit a high of Rs 19.45 and a low of Rs 17.85 so far during the day. The stock had hit a 52-week high of Rs 38.55 on 20 July 2017 and a 52-week low of Rs 16.80 on 8 May 2018.
The small-cap company has equity capital of Rs 59.41 crore. Face value per share is Rs 1.
Sintex Industries is engaged in spinning, weaving and finishing of textiles.