INEOS Styrolution vaults 24.4% in five sessions

INEOS Styrolution India was up 3.15% to Rs 1,140 at 12:14 IST on BSE, with the stock extending recent rally.

Meanwhile, the S&P BSE Sensex was down 290.62 points or 0.86% at 33,312.14.

On the BSE, 10,000 shares were traded on the counter so far as against the average daily volumes of 2,906 shares in the past one quarter. The stock had hit a high of Rs 1,168.80 so far during the day, which is a record high. The stock hit a low of Rs 1,105 so far during the day. The stock had hit a 52-week low of Rs 567.05 on 5 December 2016.

 

Shares of INEOS Styrolution India have rallied 24.44% in five trading sessions to its ruling market price, from its closing of Rs 916.10 on 23 November 2017.

INEOS Styrolution India's net profit fell 11.6% to Rs 16.97 crore on 22.7% growth in net sales to Rs 482.62 crore in Q2 September 2017 over Q2 September 2016.

INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS standard and styrenic specialties.

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