ALSO READBoard of LG Balakrishnan & Bros drops proposal for stock split Board of LG Balakrishnan & Bros recommends final dividend LG Electronics says first-quarter profit up 82 pct from year earlier LG Electronics says first-quarter profit up 82 percent from year earlier LG Electronics Q2 profit likely to miss estimates on mobile unit woes
On the BSE, 15,000 shares were traded on the counter so far as against the average daily volumes of 4,254 shares in the past one quarter. The stock had hit a high of Rs 874 so far during the day, which is a record high. The stock hit a low of Rs 820 so far during the day. The stock had hit a 52-week low of Rs 512.05 on 26 December 2016.
The stock had outperformed the market over the past one month till 12 October 2017, advancing 12.46% compared with the Sensex's 0.07% rise. The stock had also outperformed the market over the past one quarter, gaining 4.05% as against the Sensex's 1.19% rise. The scrip had also outperformed the market over the past one year, advancing 32.26% as against the Sensex's 14.6% rise.
The small-cap company has equity capital of Rs 15.70 crore. Face value per share is Rs 10.
Shares of LG Balakrishnan & Bros have rallied 26.18% in nine trading sessions to its ruling market price, from its close of Rs 686.50 on 29 September 2017.
LG Balakrishnan & Bros' net profit rose 21.8% to Rs 11.13 crore on 7.6% growth in net sales to Rs 279.04 crore in Q1 June 2017 over Q1 June 2016.
LG Balakrishnan & Bros is India's leading roller chain manufacturer. The company is premier manufacturer of automotive chains under the brand name 'ROLON'.
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