DCW spurts after stellar Q4 result

DCW gained 4.83% to Rs 18.45 at 14:09 IST on BSE after net profit jumped 96% to Rs 17.62 crore on 2.3% rise in net sales to Rs 364.08 crore in Q4 March 2015 over Q4 March 2014.

The result was announced on Saturday, 23 May 2015.

Meanwhile, the S&P BSE Sensex was down 273.51 points or 0.98% at 27,683.99

On BSE, so far 4.51 lakh shares were traded in the counter as against average daily volume of 1.75 lakh shares in the past one quarter.

The stock hit a high of Rs 19.40 and a low of Rs 18.40 so far during the day. The stock hit a 52-week high of Rs 31.25 on 10 September 2014. The stock had hit a 52-week low of Rs 14.85 on 16 February 2015.

The stock had underperformed the market over the past one month till 22 May 2015, falling 3.54% compared with Sensex's 0.24% rise. The scrip, however, outperformed the market in past one quarter, rising 0.28% as against Sensex's 4.36% fall.

The company has an equity capital of Rs 42.70 crore. Face value per share is Rs 2.

DCW is engaged in the manufacture and sale of chemicals.

Powered by Capital Market - Live News