Everest Industries builds gains after good Q1 result

Everest Industries gained 1.07% to Rs 388.75 at 09:21 IST on BSE after net profit rose 18.5% to Rs 14.09 crore on 3.9% decrease in net sales to Rs 320.66 crore in Q4 March 2017 over Q4 March 2016.

The result was announced after market hours yesterday, 26 July 2017.

Meanwhile, the S&P BSE Sensex was up 131.69 points, or 0.41% at 32,514.15. The S&P BSE Small-Cap index was up 74.69 points, or 0.46% at 16,173.33.

On the BSE, 5,793 shares were traded on the counter so far as against the average daily volumes of 2,5967 shares in the past one quarter. The stock had hit a high of Rs 391.15 and a low of Rs 386.65 so far during the day. The stock had hit a 52-week high of Rs 421.60 on 20 June 2017 and a 52-week low of Rs 182 on 26 December 2016.

The small-cap company has equity capital of Rs 15.46 crore. Face value per share is Rs 10.

Everest Industries is engaged in manufacturing and trading of building products, such as roofing products, boards and panels, other building products and accessories.

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