Astral Poly Technik drops on profit booking

Astral Poly Technik lost 1.18% to Rs 860 at 10:17 IST on BSE, with the stock sliding on profit booking after recent rally.

Meanwhile, the S&P BSE Sensex was down 183.40 points or 0.53% at 34,162.99.

On the BSE, 1,356 shares were traded on the counter so far as against average daily volumes of 15,093 shares in the past one quarter. The stock had hit a high of Rs 868.95 and a low of Rs 853.40 so far during the day. The stock had hit a record high of Rs 888 on 27 February 2018 and a 52-week low of Rs 437 on 6 March 2017.

The stock had outperformed the market over the past one month till 27 February 2018, gaining 7.32% compared with the Sensex's 4.73% fall. The stock had also outperformed the market over the past one quarter, advancing 9.38% as against the Sensex's 1.84% rise. The scrip had also outperformed the market over the past one year, surging 93.54% as against the Sensex's 19.2% rise.

The large-cap company has equity capital of Rs 11.98 crore. Face value per share is Rs 1.

Shares of Astral Poly Technik had rallied 14.63% in the past three trading sessions to settle at Rs 870.25 yesterday, 27 February 2018, from its close of Rs 759.15 on 22 February 2018.

On consolidated basis, Astral Poly Technik's net profit rose 43.2% to Rs 46.31 crore on 17.5% growth in net sales to Rs 528.54 crore in Q3 December 2017 over Q3 December 2016.

Astral Poly Technik is engaged in the production of plastic products.

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