Ahluwalia Contracts (India) rose 3.09% to Rs 280 at 13:42 IST on BSE after net profit rose 53.2% to Rs 26.71 crore on 22.1% growth in net sales to Rs 382.93 crore in Q4 March 2016 over Q4 March 2015.
The result was announced after market hours yesterday, 24 May 2016.Meanwhile, the S&P BSE Sensex was up 449.31 points or 1.78% at 25,754.78.
On BSE, so far 1,515 shares were traded in the counter as against average daily volume of 4,556 shares in the past one quarter. The stock hit a high of Rs 287.40 and a low of Rs 272 so far during the day. The stock had hit a 52-week high of Rs 319.30 on 21 April 2016. The stock had hit a 52-week low of Rs 189.20 on 16 June 2015. The stock had underperformed the market over the past one month till 24 May 2016, sliding 9.22% compared with Sensex's 2.06% fall. The scrip had, however, outperformed the market in past one quarter, surging 23.17% as against Sensex's 9.6% rise.
The small-cap company has equity capital of Rs 13.40 crore. Face value per share is Rs 2.
Ahluwalia Contracts (India) is one of the leading civil contractors in India.
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