Indo Count Industries rose 6.61% to Rs 102.45 at 15:27 IST on BSE on bargain hunting after a recent slide.
Meanwhile, the S&P BSE Sensex was up 93.77 points, or 0.30% to 31,253.58.On the BSE, 4.59 lakh shares were traded in the counter so far, compared with average daily volumes of 2.05 lakh shares in the past one quarter. The stock had hit a high of Rs 104.50 and a low of Rs 97.05 in intraday trade.
Shares of Indo Count Industries fell 19.55% in seven trading sessions to settle at Rs 96.10 yesterday, 27 September 2017, from its close of Rs 119.45 on 18 September 2017.
Indo Count Industries' net profit fell 47% to Rs 31.97 crore on 16.2% decline in net sales to Rs 399.42 crore in Q1 June 2017 over Q1 June 2016.
Indo Count Industries is one of India's largest home textile manufacturer.
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