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63 Moons Zooms after stellar Q1 results

Capital Market 

63 Moons Technologies jumped 19.1% to Rs 64.85 at 12:18 on after net profit spurted 249.75% to Rs 28.47 crore on 264.88% increase in net sales to Rs 130.99 crore in Q1 June 2017 Over Q4 March 2017.

The result was announced after market hours yesterday, 10 August 2017.

Meanwhile, the S&P Sensex was down 199.90 points, or 0.63% at 31,331.43. The S&P Small-Cap index was down 68.41 points, or 0.45% at 15,139.49.

High volumes were witnessed on the counter. On the BSE, 1.55 lakh shares were traded on the counter so far as against the average daily volumes of 13,566 shares in the past one quarter. The stock had hit a high of Rs 65.30 and a low of Rs 56 so far during the day. The stock had hit a 52-week high of Rs 93 on 9 September 2016 and a 52-week low of Rs 53.80 on 10 August 2017.

The stock had underperformed the market over the past one month till 10 Aug 2017, declining 15.12% compared with the Sensex's 0.58% fall. The scrip had also underperformed the market over the past one quarter declining 28.17% as against the Sensex's 4.24% rise. The scrip had also underperformed the market over the past one year declining 32.19% as against the Sensex's 13.52% rise.

The small-cap company has equity capital of Rs 9.22 crore. Face value per share is Rs 2.

63 moons technologies is among the global leaders in offering technology IP (Intellectual Property) and domain expertise to create and trade on next generation financial markets. It is a global leader in creating and operating next-generation tech-centric financial exchanges.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 11 2017. 12:19 IST