Simplex Infrastructures rose 2.01% to Rs 439 at 11:15 IST on BSE after net profit jumped 157.69% to Rs 67 crore on 0.31% decline in topline to Rs 1590 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours yesterday, 1 June 2017.Meanwhile, the S&P BSE Sensex was up 152.32 points or 0.49% at 31,289.91. The S&P BSE Small-Cap index was up 55.05 points or 0.36% at 15,289.29.
On the BSE, 1,859 shares were traded so far in the counter as against average daily volume of 7,967 shares in the past one quarter. The stock had hit a high of Rs 455.65 in intraday trade, which is also a 52-week high for the stock. The stock had hit a low of Rs 437.35 so far during the day. The stock had hit a 52-week low of Rs 260 on 27 December 2016.
The stock has gained 7.7% in three sessions to its ruling price of Rs 439 from a close of Rs 407.60 on 30 May 2017.
The stock gained 6.64% over the past one month till 1 June 2017, outperforming the Sensex's 4.08% rise. The scrip had outperformed the market in past one quarter, rising 43.57% as against Sensex's 7.43% rise. The scrip had also outperformed the market in past one year, gaining 55.84% as against Sensex's 16.56% rise.
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The small-cap company has equity capital of Rs 9.89 crore. Face value per share is Rs 2.
Simplex Infrastructures' board of directors recommended dividend of Re 0.50 per equity share for the year ended 31 March 2017 (FY 2017).
The year ended 31 March 2017 (FY 2017) saw a cumulative order inflow of Rs 8117 crore and ended with order book backlog of Rs 16518 crore in addition to lowest bidder (L1) of Rs 558 crore.
Simplex Infrastructures is the largest pure play civil construction & engineering contractors in India.
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