3M India rose 0.97% to Rs 13,800 at 10:52 IST after net profit jumped 60.2% to Rs 59.72 crore on 13.8% rise in net sales to Rs 581.57 crore in Q1 June 2016 over Q1 June 2015.
The result was announced after market hours yesterday, 4 August 2016.Meanwhile, the BSE Sensex was up 288.80 points, or 1.04%, to 28,003.17
On BSE, so far 486 shares were traded in the counter as against average daily volume of 263 shares in the past one quarter. The stock hit a high of Rs 14,300 and a low of Rs 13,790 so far during the day. The stock hit a record high of Rs 15,200 on 26 July 2016. The stock hit a 52-week low of Rs 9,405 on 27 January 2016. The stock had underperformed the market over the past one month till 4 August 2016, falling 2.38% compared with 1.6% rise in the Sensex. The scrip had also underperformed the market in past one quarter, rising 3.26% as against the Sensex's 10.41% rise.
The large-cap company's equity capital is Rs 11.27 crore. Face value per share is Rs 10.
3M India provides industrial, automotive, electrical, telecom and safety products.
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