Jayant Agro-Organics advances on stock-split plan

Jayant Agro-Organics rose 3.1% to Rs 950 at 09:21 IST on BSE after the company scheduled a board meeting on 16 June 2017, to consider a stock-split proposal.

The announcement was made before market hours today, 2 June 2017.

Meanwhile, the S&P BSE Sensex was up 170.61 points or 0.55% at 31,308.20. The S&P BSE Small-Cap index was up 90.06 points or 0.59% at 15,324.30.

On BSE, so far 732 shares were traded in the counter as against average daily volume of 12,105 shares in the past one quarter. The stock hit a high of Rs 950 and a low of Rs 936.30 so far during the day. The stock had hit a 52-week low of Rs 184 on 10 June 2016. The stock had hit a record high of Rs 1,019 on 8 May 2017.

The small-cap company has equity capital of Rs 7.50 crore. Face value per share is Rs 5.

Jayant Agro-Organics' consolidated net profit surged 94.88% to Rs 15.59 crore on 13.93% growth in total income to Rs 426.97 crore in Q4 March 2017 over Q4 March 2016.

Jayant Agro-Organics is an emerging global oleochemical company with leadership in the castor-based specialty chemicals industry.

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