JSW Holdings up marginally on Q2 net rise

The stock slipped 4% from the day's high to a low of Rs 1,795. The stock managed to revover its losses and finally ended with a 1% gain at Rs 1,819. The counter clocked a volume of 96,247 shares on the BSE today.
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(Updated at 1022 hrs)

JSW Holdings has moved up this morning on a strong Q2 performance.

The stock opened at Rs 1,844 and slipped to a low of Rs 1,825. However, it surged 3.6% to the day's high of Rs 1,870. The stock is now up 2.3% at Rs 1,846.

Around 14,369 shares have changed hands at the BSE so far.

 

The company has informed the BSE through a release, that the net profit has increased 31.5% in the second quarter of the fiscal year 2010 to Rs 2.26 crore from Rs 1.72 crore in the same quarter a year ago. Total income was up 21% at Rs 3.34 crore in Q2FY10 from Rs 2.76 crore in Q2FY09.