Hindustan Composite rallied 12.96% to Rs 146.85 after the company said it has resumed partial operations at its Paithan plant in Maharashtra from 16 April 2020 after taking necessary measures.
The company had earlier suspended work at all its manufacturing units from 23 March 2020 as a safety measure to contain the spread of Covid 2019.Hindustan Composites' consolidated net profit fell 4.67% to Rs 3.06 crore on a 11.97% decline in net sales to Rs 43.76 crore in Q3 December 2019 over Q3 December 2018.
Hindustan Composites is a pioneer in the development, manufacture & marketing of industrial products and friction materials in India.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
