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Mcleod up 6.3%

BS Reporter  |  Mumbai 

The stock gained 6.3 per cent to close the day at Rs 211.35, after the company’s net profit surged 58 per cent on year to Rs 192 crore for the September quarter, driven by improved realisation.

The net realisation increased to Rs 32, as compared with Rs 17-18 a year ago. The company’s net sales rose 23 per cent to Rs 343.77 crore as against Rs 279.20 crore during the September quarter a year ago.

First Published: Thu, October 29 2009. 00:26 IST