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Jay Bharat Maruti spurts after strong Q4 results

Capital Market 

Maruti rose 12.72% to Rs 491.30 at 10:14 on after net profit rose 72.1% to Rs 20.75 crore on 42.6% increase in net sales to Rs 483.67 crore in Q4 March 2017 over Q4 March 2016.

The result was announced after market hours yesterday, 19 April 2017.

Meanwhile, the S&P Sensex was up 30.54 points, or 0.10% to 29,367.11.

On the BSE, 1.10 lakh shares were traded in the counter so far, compared with average daily volumes of 15,722 shares in the past one quarter. The stock had hit a high of Rs 506.75 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 466.30 so far during the day. The stock hit a 52-week low of Rs 138.10 on 18 July 2016.

The stock had outperformed the market over the past one month till 19 April 2017, rising 1.47% compared with 0.50% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 24.12% as against Sensex's 7.43% rise.

The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.

Jay Maruti's net profit rose 35.1% to Rs 53.77 crore on 17.3% increase in net sales to Rs 1526.63 crore in the year ended March 2017 over the year ended March 2016.

Maruti is engaged in manufacturing components for automobiles.

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

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Jay Bharat Maruti spurts after strong Q4 results

Jay Bharat Maruti rose 12.72% to Rs 491.30 at 10:14 IST on BSE after net profit rose 72.1% to Rs 20.75 crore on 42.6% increase in net sales to Rs 483.67 crore in Q4 March 2017 over Q4 March 2016.

Maruti rose 12.72% to Rs 491.30 at 10:14 on after net profit rose 72.1% to Rs 20.75 crore on 42.6% increase in net sales to Rs 483.67 crore in Q4 March 2017 over Q4 March 2016.

The result was announced after market hours yesterday, 19 April 2017.

Meanwhile, the S&P Sensex was up 30.54 points, or 0.10% to 29,367.11.

On the BSE, 1.10 lakh shares were traded in the counter so far, compared with average daily volumes of 15,722 shares in the past one quarter. The stock had hit a high of Rs 506.75 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 466.30 so far during the day. The stock hit a 52-week low of Rs 138.10 on 18 July 2016.

The stock had outperformed the market over the past one month till 19 April 2017, rising 1.47% compared with 0.50% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 24.12% as against Sensex's 7.43% rise.

The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.

Jay Maruti's net profit rose 35.1% to Rs 53.77 crore on 17.3% increase in net sales to Rs 1526.63 crore in the year ended March 2017 over the year ended March 2016.

Maruti is engaged in manufacturing components for automobiles.

Powered by Capital Market - Live News

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

image
Business Standard
177 22

Jay Bharat Maruti spurts after strong Q4 results

Maruti rose 12.72% to Rs 491.30 at 10:14 on after net profit rose 72.1% to Rs 20.75 crore on 42.6% increase in net sales to Rs 483.67 crore in Q4 March 2017 over Q4 March 2016.

The result was announced after market hours yesterday, 19 April 2017.

Meanwhile, the S&P Sensex was up 30.54 points, or 0.10% to 29,367.11.

On the BSE, 1.10 lakh shares were traded in the counter so far, compared with average daily volumes of 15,722 shares in the past one quarter. The stock had hit a high of Rs 506.75 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 466.30 so far during the day. The stock hit a 52-week low of Rs 138.10 on 18 July 2016.

The stock had outperformed the market over the past one month till 19 April 2017, rising 1.47% compared with 0.50% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 24.12% as against Sensex's 7.43% rise.

The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.

Jay Maruti's net profit rose 35.1% to Rs 53.77 crore on 17.3% increase in net sales to Rs 1526.63 crore in the year ended March 2017 over the year ended March 2016.

Maruti is engaged in manufacturing components for automobiles.

Powered by Capital Market - Live News

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

image
Business Standard
177 22