Safari Industries (India) hits record high

Safari Industries (India) rose 1.94% to Rs 1,023 at 14:37 IST on BSE after net profit jumped 100.88% to Rs 4.52 crore on 25.84% growth in total income from operations (net) to Rs 80.38 crore in Q1 June 2015 over Q1 June 2014.

The Q1 result was announced during market hours today, 5 August 2015.

Meanwhile, the S&P BSE Sensex was up 149.81 points or 0.53% at 28,221.74.

On BSE, so far 2,189 shares were traded in the counter as against average daily volume of 269 shares in the past one quarter.

The stock was volatile. The stock surged as much as 9.31% at the day's high of Rs 1,097 so far during the day, which is a record high for the counter. The stock fell as much as 0.09% at the day's low of Rs 1,002.50 so far during the day. The stock had hit a 52-week low of Rs 650.25 on 26 September 2014.

The stock had outperformed the market over the past one month till 4 August 2015, rising 32.91% compared with Sensex's 0.07% decline. The scrip had outperformed the market in past one quarter, advancing 25.44% as against Sensex's 2.11% gain.

The small-cap company has equity capital of Rs 3.98 crore. Face value per share is Rs 10.

Safari Industries (India) is engaged in travel goods business.

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