Symphony jumps after announcing stellar Q3 results

Symphony jumped 7.64% to Rs 3,232.35 at 15:10 IST on BSE after net profit surged 35.31% to Rs 36.51 crore on 26.6% rise in total revenues to Rs 146.29 crore in Q3 March 2015 over Q3 March 2014.

The company announced result during market hours today, 21 April 2015.

Meanwhile, the BSE Sensex was down 130.91 points, or 0.47%, to 27,755.30.

On BSE, so far 20,401 shares were traded in the counter, compared with an average volume of 4,580 shares in the past one quarter.

The stock hit a high of Rs 3,270, also a record high for the stock. The stock hit a low of Rs 3,021 so far during the day. The stock had hit a 52-week low of Rs 762 on 21 April 2014.

The stock had outperformed the market over the past one month till 20 April 2015, rising 35.44% compared with 1.33% fall in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 35.38% as against Sensex's 3.12% decline.

The large-cap company has an equity capital of Rs 7 crore. Face value per share is Rs 2.

Symphony's net profit margin rose to 25% in Q3 March 2015 from 23.4% in Q3 March 2014.

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