Mold-Tek Technologies hits record high

Mold-Tek Technologies surged 6.77% to Rs 354.80 at 15:12 IST on BSE after the company said its board of directors will meet on 4 January 2016, to consider stock-split proposal.

The announcement was made during market hours today, 24 December 2015.

Meanwhile, the S&P BSE Sensex was down 22.92 points or 0.09% at 25,827.38.

On BSE, so far 9,136 shares were traded in the counter as against average daily volume of 9,229 shares in the past one quarter.

The stock hit a high of Rs 365 so far during the day, which is a record high for the counter. The stock hit a low of Rs 330 so far during the day. The stock had hit a 52-week low of Rs 110.15 on 26 December 2014.

The stock had outperformed the market over the past one month till 23 December 2015, gaining 5.19% compared with Sensex's 0.12% rise. The scrip had also outperformed the market in past one quarter, surging 59.76% as against Sensex's 0.11% rise.

The small-cap company has equity capital of Rs 5.31 crore. Face value per share is Rs 10.

On consolidated basis, Mold-Tek Technologies' net profit rose 38.1% to Rs 2.03 crore on 24.9% growth in net sales to Rs 14.73 crore in Q2 September 2015 over Q2 September 2014.

Mold-Tek Technologies is a leading engineering services provider.

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