Mcleod Russel India rose 1.47% to Rs 282.50 at 10:05 IST on BSE after net profit rose 6.6% to Rs 245.49 crore on 11.8% increase in net sales to Rs 490.79 crore in Q2 September 2013 over Q2 September 2012.
The result was announced after market hours on Wednesday, 30 October 2013.
Meanwhile, the BSE Sensex was up 3 points, or 0.01%, to 21,036.97.
On BSE, 10,000 shares were traded in the counter compared with average volume of 17,139 shares in the past one quarter.
The stock hit a high of Rs 285 and a low of Rs 280 so far during the day. The stock hit a record high of Rs 386.95 on 22 February 2013. The stock hit a 52-week low of Rs 240.35 on 20 August 2013.
The stock had outperformed the market over the past one month till 30 October 2013, rising 10.92% compared with the Sensex's 8.54% rise. The scrip had, howver, underperformed the market in past one quarter, sliding 3.17% as against Sensex's 8.71% rise.
The mid-cap company has an equity capital of Rs 54.73 crore. Face value per share is Rs 5.
Mcleod Russel is the world's largest producer of tea. It manufactures approximately 100 million kilograms of high-quality tea a year from its tea estates in Assam and West Bengal, India, Vietnam, Uganda and Rwanda.
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