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OCL India advances after robust Q1 result

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Capital Market

OCL India gained 4.83% to Rs 531.85 at 11:55 IST on BSE after net profit rose 35% to Rs 48.82 crore on 25.8% rise in total income to Rs 687.81 crore in Q1 June 2015 over Q1 June 2014.

The result was announced after market hours yesterday, 27 July 2015.

Meanwhile, the BSE Sensex was up 7.33 points or 0.03% at 27,568.71

On BSE, so far 1,579 shares were traded in the counter as against average daily volume of 5,255 shares over the past one quarter.

The stock hit a high of Rs 531.85 and low of Rs 520.15 so far during the day. The stock had hit a record high of Rs 685 on 25 July 2015. The stock had hit a 52-week low of Rs 260.10 on 28 August 2014.

 

The stock had outperformed the market over the past one month till 27 July 2015, rising 1.95% compared with Sensex's 0.9% decline. The scrip also outperformed the market in past one quarter, surging 32.19% as against Sensex's 1.41% gain.

The small-cap company has equity capital of Rs 11.38 crore. Face value per share is Rs 2.

OCL India is in the business of cement and refractories.

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First Published: Jul 28 2015 | 12:05 PM IST

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