Sudarshan Chemical Industries jumped 12.61% to Rs 503.95 at 12:45 IST on BSE after net profit rose 28.88% to Rs 22.49 crore on 26.47% rise in total income to Rs 380.23 crore in Q4 March 2018 over Q4 March 2017.
The announcement was made after market hours yesterday, 24 May 2018.Meanwhile, the S&P BSE Sensex was up 175.80 points, or 0.51% at 34,838.91
High volumes were witnessed on the counter. On the BSE, 98,000 shares were traded on the counter so far as against the average daily volumes of 15,000 shares in the past two weeks. The stock had hit a high of Rs 517.70 and a low of Rs 469.50 so far during the day. The stock had hit a record high of Rs 633.80 on 18 April 2018 and a 52-week low of Rs 319.75 on 11 August 2017.
The small-cap company has equity capital of Rs 13.85 crore. Face value per share is Rs 2.
Sudarshan Chemical Industries is one of the leading manufacturers of color & effect pigments in India. The company's products primarily serve the coatings, plastics, inks and cosmetics markets.
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