Aarti Inds jumps after strong Q1 outcome

Aarti Industries surged 9.05% to Rs 413.90 at 13:59 IST on BSE after net profit jumped 46.99% to Rs 60.90 crore on 7.66% decline in total income from operations (net) to Rs 683.07 crore in Q1 June 2015 over Q1 June 2014.

The Q1 result was announced during market hours today, 6 August 2015.

Meanwhile, the S&P BSE Sensex was up 80.66 points or 0.29% at 28,303.74.

On BSE, so far 92,000 shares were traded in the counter as against average daily volume of 16,193 shares in the past one quarter.

The stock hit a high of Rs 417.90 and a low of Rs 383.10 so far during the day. The stock had hit a record high of Rs 424.70 on 3 August 2015. The stock had hit a 52-week low of Rs 225 on 5 August 2014.

The stock had outperformed the market over the past one month till 5 August 2015, surging 10.35% compared with Sensex's 0.46% rise. The scrip had also outperformed the market in past one quarter, jumping 17.02% as against Sensex's 2.85% rise.

The mid-cap company has equity capital of Rs 44.30 crore. Face value per share is Rs 5.

Aarti Industries is one of the leading suppliers to global manufacturers of dyes, pigments, agrochemicals, pharmaceuticals & rubber chemicals.

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