Fag Bearings gains on robust profit in June quarter
Profit for the June quarter was up 20% at Rs 49 crore compared to same quarter last fiscal
Net sales for the quarter ended June 30,2015 increased nearly 11% to Rs 429 crore compared to Rs 388 crore in the same quarter last year.
The stock opened at Rs 4,298 and touched a high of Rs 4,395. At 12:05PM, over 2,200 shares were traded on both the stock exchanges.