PTC India rose 3.14% to Rs 65.75 at 10:39 IST on BSE after net profit jumped 583.7% to Rs 45.33 crore on 4.1% rise in net sales to Rs 2935.05 crore in Q3 December 2015 over Q3 December 2014.
The result was announced after market hours on Friday, 5 February 2016.Meanwhile, the BSE Sensex was up 32.64 points, or 0.13%, to 24,649.61
On BSE, so far 1.74 lakh shares were traded in the counter, compared with an average volume of 1.49 lakh shares in the past one quarter. The stock hit a high of Rs 67.40 and a low of Rs 65.40 so far during the day. The stock hit a 52-week high of Rs 96.50 on 5 February 2015. The stock hit a 52-week low of Rs 50.20 on 25 August 2015. The stock had underperformed the market over the past one month till 5 February 2016, sliding 9.25% compared with 3.77% decline in the Sensex. The scrip, however, outperformed the market in past one quarter, rising 2.08% as against Sensex's 6.41% fall.
The small-cap company has an equity capital of Rs 296.01 crore. Face value per share is Rs 10.
PTC India provides power trading solutions in India. Its primary focus is to develop a commercially vibrant power market in the country.
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