Ramky Infrastructure rose 4.83% to Rs 239.75 at 10:59 IST on BSE after the company said it allotted 1.20 crore warrants to promoters and non-promoters.
The announcement was made after market hours on Friday, 15 December 2017.Meanwhile, the S&P BSE Sensex was up 248.21 points, or 0.74% to 33,711.18.
On the BSE, 2.46 lakh shares were traded in the counter so far, compared with average daily volumes of 1.33 lakh shares in the past two weeks. The stock had hit a high of Rs 240.10 and a low of Rs 217.30 so far during the day. The stock hit a 52-week high of Rs 271.05 on 6 December 2017. The stock hit a 52-week low of Rs 55.60 on 27 December 2016.
Ramky Infrastructure reported net profit of Rs 3.35 crore in Q2 September 2017 as against net loss of Rs 41.51 crore in Q2 September 2016. Net sales rose 45.8% to Rs 324.03 crore in Q2 September 2017 over Q2 September 2016.
Ramky Infrastructure is an integrated construction, infrastructure development and management company in India.
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