Solar Industries India lost 2.14% to Rs 657.95 at 15:26 IST on BSE after consolidated net profit rose 0.19% to Rs 36.93 crore on 1.59% fall in total income from operations to Rs 350.88 crore in Q2 September 2016 over Q2 September 2015.
The result was announced during market hours today, 23 November 2016.Meanwhile, the S&P BSE Sensex was up 91.03 points or 0.35% at 26,051.81
On BSE, so far 1,338 shares were traded in the counter as against average daily volume of 16,292 shares in the past one quarter. The stock hit a high of Rs 682.80 and a low of Rs 651.50 so far during the day. The stock had hit a 52-week high of Rs 759.90 on 14 July 2016. The stock had hit a 52-week low of Rs 570 on 29 February 2016. The stock had outperformed the market over the past 30 days till 22 November 2016, rising 3.45% compared with the 7.87% decline in the Sensex. The scrip also outperformed the market in past one quarter, gaining 6.77% as against Sensex's 7.48% decline.
The mid-cap company has equity capital of Rs 18.10 crore. Face value per share is Rs 2.
Solar Industries India manufactures and exports civilian explosives and detonators.
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