Smartlink Network Systems jumped 7.78% to Rs 108 at 10:46 IST on BSE after net profit surged 187.39% to Rs 3.19 crore on 2.67% decline in net sales to Rs 8.39 crore in Q2 September 2016 over Q2 September 2015.
The announcement was made after market hours yesterday, 26 October 2016.Meanwhile, the BSE Sensex was down 114.08 points, or 0.41%, to 27,722.43
On BSE, so far 61,000 shares were traded in the counter, compared with an average volume of 8,924 shares in the past one quarter. The stock hit a high of Rs 108.30 and a low of Rs 99.90 so far during the day. The stock hit a 52-week high of Rs 111.70 on 4 December 2015. The stock hit a 52-week low of Rs 69.50 on 17 February 2016. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 11.58% compared with 1.37% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 6.43% as against Sensex's 1.32% decline.
The small-cap company has an equity capital of Rs 6 crore. Face value per share is Rs 2.
Smartlink Network Systems is one of India's leading networking company. Pioneer in the field of active networking, it offers an integrated value proposition from design and development to sales and marketing, and service and support.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
