DCW closed on Friday with a gain of 9.3 per cent to Rs 8.9. About 42.72 lakh shares of the company were traded in the earlier part of the day. During the whole day, over 50.94 lakh shares were traded on the counter. A block deal was struck on the company's stock at Rs 8.44 per share.
The stock has significantly appreciated over the past week by 8.6 per cent, while the growth has been sluggish over the past one month at 2.6 per cent.
The company posted a 7.6-per cent fall in net sales, to Rs 153.2 crore in Q2 FY06, as compared to Rs 165.72 crore in the corresponding previous quarter. The net profit decreased by 2.1 per cent, to Rs 9.74 crore from Rs 9.95 crore in the same period last year.
Block deal booster for DCW, gains 9.3%
DALAL STREET SPIKES
Our Markets Bureau / Mumbai Dec 24, 2005, 20:50 IST
Content Guide
