Century Enka jumps after good Q1 result

Century Enka surged 12.73% to Rs 194 at 14:55 IST on BSE, after net profit jumped 57.39% to Rs 13.63 crore on 0.5% decline in total income from operations (net) to Rs 303.29 crore in Q1 June 2015 over Q1 June 2014.

The result was announced during market hours today, 27 July 2015.

Meanwhile, the S&P BSE Sensex was down 511.49 points or 1.82% at 27,600.82

On BSE, so far 5.55 lakh shares were traded in the counter as against average daily volume of 29,014 shares in the past one quarter.

The stock hit a high of Rs 201 and a low of Rs 170.20 so far during the day. The stock had hit 52-week low of Rs 142 on 27 March 2015. The stock had hit a 52-week high of Rs 210 on 13 April 2015.

The stock had outperformed the market over the past one month till 24 July 2015, rising 7.43% compared with Sensex's 1.38% rise. The scrip, however, underperformed the market in past one quarter, falling 5.6% as against Sensex's 2.46% gain.

The small-cap company has equity capital of Rs 21.85 crore. Face value per share is Rs 10.

Century Enka manufactures polyester filament yarn, nylon filament yarn, polyester partially oriented yarn, polyester and nylon chips of industrial and fabric grade and nylon industrial yarn and nylon tyre cord fabrics.

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