Navin Fluorine International jumped 12.78% to Rs 1,968.25 at 12:12 IST on BSE after net profit surged 89.6% to Rs 31.50 crore on 30.1% rise in net sales to Rs 189.36 crore in Q4 March 2016 over Q4 March 2015.
The result was announced before market hours today, 2 May 2016.Meanwhile, the S&P BSE Sensex was down 134.74 points or 0.53% at 25,471.88
On BSE, so far 19,254 shares were traded in the counter as against average daily volume of 4,071 shares in the past one quarter.
The stock hit a high of Rs 2,050 in intraday trade so far, which is a record high for the counter. The stock hit a low of Rs 1,944.50 so far during the day. The stock had hit a 52-week low of Rs 772 on 11 May 2016. The stock had underperformed the market over the past one month till 29 April 2016, falling 0.65% compared with Sensex's 2.84% gains. The scrip also underperformed the market in past one quarter, declining 1.1% as against Sensex's 2.96% gains.
The small-cap company has equity capital of Rs 9.80 crore. Face value per share is Rs 10.
Also Read
Navin Fluorine International's earnings before interest, taxes, depreciation and amortization (EBITDA) rose 95% to Rs 36 crore in Q4 March 2016 over Q4 March 2015. EBITDA margin edged higher to 18.9% in Q4 March 2016, from 12.6% in Q4 March 2015.
Navin Fluorine International is the largest integrated specialty fluorochemical company in India.
Powered by Capital Market - Live News
