Whirlpool of India hits record high after stellar Q2 result

Whirlpool of India surged 6.73% to Rs 505.55 at 13:05 IST on BSE after net profit spurted 146.19% to Rs 40.72 crore on 21.13% growth in total income from operations to Rs 744.57 crore in Q2 September 2014 over Q2 September 2013.

The Q2 result was announced during market hours today, 31 October 2014.

Meanwhile, the S&P BSE Sensex was up 398.99 points or 1.46% at 27,745.32.

On BSE, so far 1.45 lakh shares were traded in the counter as against average daily volume of 45,000 shares in the past one quarter.

The stock surged as much as 8.62% at the day's high of Rs 514.50 so far during the day, which is a record high for the counter. The stock rose 1.11% at the day's low of Rs 478.95 so far during the day. The stock had hit a 52-week low of Rs 153.55 on 13 November 2013.

Whirlpool of India is engaged in manufacturing and marketing of refrigerators, washing machines, air conditioners, microwave ovens and small home appliances.

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