Vardhman Textiles rose 1.33% to Rs 1,071.75 at 09:34 IST on BSE after net profit surged 231.35% to Rs 454.01 crore on 22.88% rise in total income to Rs 1815.90 crore in Q2 September 2016 over Q2 September 2015.
The result was announced after market hours yesterday, 15 November 2016.Meanwhile, the BSE Sensex was up 148.04 points, or 0.56%, to 27,452.67
On BSE, so far 500 shares were traded in the counter, compared with average daily volume of 17,318 shares in the past one quarter. The stock hit a high of Rs 1,086.60 and a low of Rs 1,065 so far during the day. The stock hit a record high of Rs 1,159.75 on 28 October 2016. The stock hit a 52-week low of Rs 651.50 on 20 January 2016.
The mid-cap company has equity capital of Rs 63.65 crore. Face value per share is Rs 10.
Vardhman Group is a leading textile conglomerate in India. The group business portfolio includes yarn, greige and processed fabric, sewing thread, acrylic fibre and alloy steel.
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