Polaris Consulting & Services fell 3.2% to Rs 217.80 at 10:18 IST on BSE, with the stock sliding on profit booking after recent rally.
On the BSE, 37,000 shares were traded on the counter so far as against the average daily volumes of 74,881 shares in the past one quarter. The stock had hit a high of Rs 226.05 and a low of Rs 216.35 so far during the day.
The stock had hit a 52-week high of Rs 231.70 on 18 April 2017 and a 52-week low of Rs 141.10 on 9 November 2016. The stock had outperformed the market over the past one month till 18 April 2017, advancing 26.4% compared with the Sensex's 1.11% decline. The scrip had also outperformed the market over the past one quarter advancing 37.53% as against the Sensex's 7.56% rise.
The small-cap company has equity capital of Rs 51.06 crore. Face value per share is Rs 5.
Polaris Consulting & Services had rallied 26.55% in the preceding four trading sessions to settle at Rs 225 yesterday, 18 April 2017, from its closing of Rs 177.80 on 11 April 2017.
Polaris Consulting & Services' consolidated net profit rose 15.82% to Rs 47.65 crore on 1.72% increase in net sales to Rs 515.45 crore in Q3 December 2016 over Q2 September 2016.
Polaris Consulting & Services is a leader in solutions and services that enable operational productivity for the global financial services industry.
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