Excel Realty N Infra rose 2.73% to Rs 131.60 at 13:45 IST on BSE after net profit surged 1192.3% to Rs 1.68 crore on 50.85% decline in total revenue to Rs 3.73 crore in Q2 September 2017 over Q2 September 2016.
The result was announced during market hours today, 30 November 2017.Meanwhile, the S&P BSE Sensex was down 279.69 points or 0.83% at 33,323.07.
On the BSE, 1.61 lakh shares were traded on the counter so far as against the average daily volumes of 1.20 lakh shares in the past one quarter. The stock had hit a high of Rs 134.95 and a low of Rs 126.70 so far during the day. The stock had hit a record high of Rs 135.90 on 27 November 2017 and a 52-week low of Rs 32.10 on 3 January 2017.
Excel Realty N Infra's board at its meeting held today, 30 November 2017, approved 2:1 bonus issue of shares i.e. 2 bonus shares for every 1 existing share held on the record date, to be fixed later.
Excel Realty N Infra operates in segments viz. IT sales, infra activity and trading activity.
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