TTK Prestige gains after securing product patent in Japan

The announcement was made during trading hours on Monday, 7 January 2013. The stock rose 1.66% to Rs 3,502 that day.

Meanwhile, the BSE Sensex was down 28.04 points, or 0.14%, to 19,663.38.

On BSE, 13,000 shares were traded in the counter as against an average daily volume of 18,064 shares in the past one quarter.

The stock hit a high of Rs 3,589.70 and a low of Rs 3,512.25 so far during the day. The stock had hit a record high of Rs 3,996 on 10 October 2012. The stock had hit a 52-week low of Rs 2,151.40 on 16 January 2012.

The stock had underperformed the market over the past one month till 7 January 2013, falling 4.99% compared with the Sensex's 1.38% rise. The scrip had also underperformed the market in past one quarter, sliding 5.89% as against Sensex's 3.98% rise.

The mid-cap company has an equity capital of Rs 11.32 crore. Face value per share is Rs 10.

TTK Prestige will announce Q3 results on 16 January 2013. Net profit fell 10.2% to Rs 30.28 crore on 10.6% growth in net sales to Rs 335.55 crore in Q2 September 2012 over Q2 September 2011.

TTK Prestige makes kitchen appliances under 'Prestige' brand.

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