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Jamna Auto hits record high after strong Q4 results

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Capital Market

Jamna Auto Industries rose 6.97% to Rs 258 at 10:49 IST on BSE after consolidated net profit jumped 422.18% to Rs 15.30 crore on 39.36% growth in total income from operations (net) to Rs 342.03 crore in Q4 March 2015 over Q4 March 2014.

The Q4 result was announced after market hours yesterday, 19 May 2015.

Meanwhile, the S&P BSE Sensex was up 192.20 points or 0.7% at 27,837.73.

On BSE, so far 85,000 shares were traded in the counter as against average daily volume of 3,677 shares in the past two weeks.

The stock hit a high of Rs 275 so far during the day, which is a record high for the counter. The stock hit a low of Rs 254 so far during the day. The stock had hit a 52-week low of Rs 77 on 19 May 2014.

 

Jamna Auto Industries is engaged in the manufacturing of tapered leaf and parabolic springs for commercial vehicles (CVs) manufacturers.

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First Published: May 20 2015 | 10:40 AM IST

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