Whirlpool of India spurts after stellar Q3 earnings

Whirlpool of India surged 6.34% to Rs 193.85 at 14:27 IST on BSE after net profit jumped 111.02% to Rs 21.25 crore on 8.73% growth in total income from operations to Rs 672.77 crore in Q3 December 2013 over Q3 December 2012.

The Q3 result was announced during trading hours today, 4 February 2014.

Meanwhile, the S&P BSE Sensex was up 3.39 points or 0.02% at 20,212.65.

On BSE, so far 1.71 lakh shares were traded in the counter as against average daily volume of 18,532 shares in the past one quarter.

The stock was volatile. The stock surged as much as 13.41% at the day's high of Rs 206.75 so far during the day. The stock lost as much as 2.35% at the day's low of Rs 178 so far during the day. The stock had hit a 52-week low of Rs 141 on 4 September 2013. The stock had hit a 52-week high of Rs 240.90 on 4 February 2013.

The stock had underperformed the market over the past one month till 3 February 2014, sliding 13.19% compared with the Sensex's 3.08% fall. The scrip had however, outperformed the market in past one quarter, advancing 6.14% as against Sensex's 4.85% fall.

The company has equity capital of Rs 126.87 crore. Face value per share is Rs 10.

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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