Vaibhav Global rose 3.53% to Rs 505 at 10:11 IST on BSE after consolidated net profit surged 122.8% to Rs 19.58 crore on 8.2% growth in net sales to Rs 375.87 crore in Q4 March 2017 over Q4 March 2016.The result was announced after market hours yesterday, 15 May 2017.
On the BSE, 4,047 shares were traded on the counter so far as against the average daily volumes of 2,749 shares in the past one quarter. The stock had hit a high of Rs 512.15 so far during the day, which is a 52-week high for the counter.
The stock hit a low of Rs 501 so far during the day.
The stock had hit a 52-week low of Rs 236 on 23 May 2016. It had outperformed the market over the past one month till 15 May 2017, advancing 14.78% compared with the Sensex's 2.92% rise. The scrip had also outperformed the market over the past one quarter, gaining 17.16% as against the Sensex's 7.69% rise.
The small-cap company has equity capital of Rs 32.55 crore. Face value per share is Rs 10.
Vaibhav Global is an electronic retailer of discount fashion jewelry and lifestyle accessories.
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