You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Insilco advances after restarting plant operations

Capital Market 

was up 3.19% to Rs 24.25 at 10:48 on after the company said it has restarted its plant operations from 8 October 2017.

The announcement was made during market hours today, 9 October 2017.

Meanwhile, the S&P Sensex was up 77.48 points or 0.24% at 31,891.70. The S&P Small-Cap index advanced 106.27 points or 0.64% at 16,735.50.

On the BSE, 3,920 shares were traded on the counter so far as against the average daily volumes of 19,590 shares in the past one quarter. The stock had hit a high of Rs 24.60 and a low of Rs 23.90 so far during the day. The stock had hit a 52-week high of Rs 33.65 on 4 November 2016 and a 52-week low of Rs 22 on 7 October 2016.

The stock had underperformed the market over the past one month till 6 October 2017, sliding 4.67% compared with the Sensex's 0.48% rise. The stock had also underperformed the market over the past one quarter, declining 4.86% as against the Sensex's 1.42% rise. The scrip had also underperformed the market over the past one year, gaining 4.44% as against the Sensex's 13.19% rise.

The small-cap company has equity capital of Rs 62.72 crore. Face value per share is Rs 10.

had announced to the stock exchanges on 5 October 2017 that its plant operations remain closed from 21 September 2017 to 7 October 2017.

Insilco's net profit fell 41.7% to Rs 0.74 crore on 13.4% growth in net sales to Rs 20.45 crore in Q1 June 2017 over Q1 June 2016.

is one of the leading producers of precipitated silica in South Asia.

Powered by Capital Market - Live News

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

First Published: Mon, October 09 2017. 10:54 IST