Prism Cement rose 2.71% to Rs 140 at 13:58 IST on BSE after the company reported net profit of Rs 14.85 crore in Q3 December 2017 compared with net loss of Rs 47.02 crore in Q3 December 2016.
The result was announced during trading hours today, 14 February 2018.Meanwhile, the S&P BSE Sensex was up 48.96 points, or 0.14% to 34,349.43.
On the BSE, 3.89 lakh shares were traded in the counter so far compared with average daily volumes of 2.22 lakh shares in the past one quarter. The stock had hit a high of Rs 144.50 and a low of Rs 136.30 so far during the day. The stock hit a record high of Rs 158.95 on 16 January 2018. The stock hit a 52-week low of Rs 89.10 on 15 February 2017.
The stock had underperformed the market over the past 30 days till 12 February 2018, falling 1.62% compared with 0.84% fall in the Sensex. The scrip had outperformed the market in past one quarter, rising 20.94% as against Sensex's 4.12% rise. The scrip had also outperformed the market in past one year, rising 39.51% as against Sensex's 20.98% rise.
The mid-cap company has equity capital of Rs 503.36 crore. Face value per share is Rs 10.
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Prism Cement's total income rose 4.80% to Rs 1317.92 crore in Q3 December 2017 over Q3 December 2016.
Prism Cement is one of India's leading integrated building materials company, with a wide range of products from cement, ready-mixed concrete, tiles, bath products to kitchens.
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