Shares of Everest Industries were up over 2% at Rs 258 on the Bombay Stock Exchange after the company reported 142% growth in net profit at Rs 2.76 crore for the quarter ended December 31, 2015 compared to Rs 1.14 crore in the same quarter last fiscal.
However, net sales were marginally higher by 1.7% at Rs 278.9 crore for the quarter under review compared to Rs 274.3 crore in the same quarter last fiscal.
The stock opened at Rs 257 and touched a high of Rs 263. At 3:20pm, over 174,000 shares were traded on both the stock exchanges.
