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Insilco advances after restarting plant operations

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was up 3.19% to Rs 24.25 at 10:48 on after the company said it has restarted its plant operations from 8 October 2017.

The announcement was made during market hours today, 9 October 2017.

Meanwhile, the S&P Sensex was up 77.48 points or 0.24% at 31,891.70. The S&P Small-Cap index advanced 106.27 points or 0.64% at 16,735.50.

On the BSE, 3,920 shares were traded on the counter so far as against the average daily volumes of 19,590 shares in the past one quarter. The stock had hit a high of Rs 24.60 and a low of Rs 23.90 so far during the day. The stock had hit a 52-week high of Rs 33.65 on 4 November 2016 and a 52-week low of Rs 22 on 7 October 2016.

The stock had underperformed the market over the past one month till 6 October 2017, sliding 4.67% compared with the Sensex's 0.48% rise. The stock had also underperformed the market over the past one quarter, declining 4.86% as against the Sensex's 1.42% rise. The scrip had also underperformed the market over the past one year, gaining 4.44% as against the Sensex's 13.19% rise.

The small-cap company has equity capital of Rs 62.72 crore. Face value per share is Rs 10.

had announced to the stock exchanges on 5 October 2017 that its plant operations remain closed from 21 September 2017 to 7 October 2017.

Insilco's net profit fell 41.7% to Rs 0.74 crore on 13.4% growth in net sales to Rs 20.45 crore in Q1 June 2017 over Q1 June 2016.

is one of the leading producers of precipitated silica in South Asia.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 09 2017. 10:54 IST
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