Strong Q4 numbers boost BF Utilities

BF Utilities surged 4.93% to Rs 602.85 at 15:19 IST on BSE after net profit jumped 90.6% to Rs 8.12 crore on 3.1% growth in net sales to Rs 9.89 crore in Q4 September 2015 over Q4 September 2014.

The result was announced on Saturday, 28 November 2015.

Meanwhile, the S&P BSE Sensex was up 12.14 points or 0.05% at 26,140.34.

On BSE, so far 5.30 lakh shares were traded in the counter as against average daily volume of 2.15 lakh shares in the past one quarter.

The stock hit a high of Rs 623.50 and a low of Rs 592 so far during the day. The stock had hit a 52-week high of Rs 890 on 10 March 2015. The stock had hit a 52-week low of Rs 437.05 on 17 December 2014.

The stock had outperformed the market over the past one month till 27 November 2015, sliding 2.38% compared with Sensex's 4.13% fall. The scrip had also outperformed the market in past one quarter, surging 10.64% as against Sensex's 0.39% fall.

The small-cap company has equity capital of Rs 18.83 crore. Face value per share is Rs 5.

BF Utilities constructs infrastructure projects.

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