Thirumalai Chemicals jumps after robust Q4 numbers

Thirumalai Chemicals rose 3.35% to Rs 2176.90 at 9:31 IST on BSE after consolidated net profit rose 107.96% to Rs 39.70 crore on 7.87% increase in net sales to Rs 330.71 crore in Q4 March 2018 over Q4 March 2017.

The result was announced after trading hours yesterday, 3 May 2018.

Meanwhile, the S&P BSE Sensex was down 31.57 points, or 0.09% to 35,071.57.

On the BSE, 12,000 shares were traded in the counter so far compared with average daily volumes of 20,000 shares in the past two weeks. The stock had hit a high of Rs 2,227.10 and a low of Rs 2,141.70 so far during the day. The stock hit a record high of Rs 2,437 on 9 January 2018. The stock hit a 52-week low of Rs 811.30 on 23 May 2017.

 

The board of Thirumalai Chemicals recommended 10-for-1 stock split.

Thirumalai Chemicals ranks among the largest producers in the world of Phthalic Anhydride, Malic Acid, Maleic Anhydride and Fumaric Acid.

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