Supreme Petrochem jumped 4.53% to Rs 63.50 at 10:12 IST on BSE after net profit surged 183.9% to Rs 13.03 crore on 26.4% increase in net sales to Rs 755.31 crore in Q1 June 2013 over Q1 June 2012.
The result was announced after market hours on Wednesday, 17 July 2013.
Meanwhile, the S&P BSE Sensex was up 68.41 points, or 0.34%, to 20,017.14.
On BSE, 18,792 shares were traded in the counter as against an average daily volume of 19,428 shares in the past one quarter.
The stock hit a high of Rs 63.75 and a low of Rs 60.70 so far during the day. The stock had hit a 52-week high of Rs 71.50 on 29 January 2013. The stock had hit a 52-week low of Rs 42.20 on 19 July 2012.
The stock had underperformed the market over the past one month till 17 July 2013, sliding 2.19% compared with the Sensex's 3.22% rise. The scrip had also underperformed the market in past one quarter, sliding 0.25% as against Sensex's 6.50% rise.
The small-cap company has an equity capital of Rs 96.84 crore. Face value per share is Rs 10.
Supreme Petrochem owns and operates a polystyrene facility, with an installed capacity of 2,72,000 tonnes per annum (TPA) in Raigad. The facility also includes a colouring and compounding facility with an installed capacity of 25000 TPA.
Powered by Capital Market - Live News
