ADF Foods rallied 14.83% to Rs 333 at 12:10 IST on BSE after consolidated net profit rose 89.1% to Rs 5.92 crore on 3.6% decline in net sales to Rs 48.16 crore in Q2 September 2017 over Q2 September 2016.
The result was announced after market hours yesterday, 28 November 2017.Meanwhile, the S&P BSE Sensex was up 29.57 points or 0.09% at 33,648.16.
On the BSE, 4.14 lakh shares were traded on the counter so far as against the average daily volumes of 1.13 lakh shares in the past one quarter. The stock had hit a high of Rs 333.90 so far during the day, which is a record high. The stock hit a low of Rs 292.40 so far during the day. The stock had hit a 52-week low of Rs 133.40 on 26 December 2016.
ADF Foods is engaged in the business of manufacturing and trading of various processed and preserved foods.
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