D B Corp gains after posting strong Q1 results

D B Corp gained 2.48% to Rs 404.60 after the company said that consolidated net profit jumped 61.66% to Rs 103.95 crore on 19.38% rise in total income to Rs 574.50 crore in Q1 June 2016 over Q1 June 2015.

The result was announced during market hours today, 21 July 2016.

Meanwhile, the S&P BSE Sensex was down 149.06 points or 0.53% at 27,781.60.

On BSE, so far 45,625 shares were traded in the counter as against average daily volume of 18,628 shares in the past one quarter. The stock hit a high of Rs 414, which was also a 52-week high for the stock. The stock hit a low of Rs 398.30 so far during the day. The stock had hit a 52-week low of Rs 286.55 on 21 January 2016. The stock had outperformed the market over the past one month till 20 July 2016, advancing 6.26% compared with Sensex's 3.9% rise. The scrip had also outperformed the market in past one quarter, gaining 19.29% as against Sensex's 8.02% rise.

The mid-cap company has equity capital of Rs 183.76 crore. Face value per share is Rs 10.

D B Corp is one of the leading print media companies in India.

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