VST Industries soars after strong Q1 results

VST Industries rose 15.11% to Rs 2875.40 at 11:29 IST on BSE after net profit rose 53.9% to Rs 61.24 crore on 16% increase in net sales to Rs 242.74 crore in Q1 June 2018 over Q1 June 2017.

The result was announced on Saturday, 21 July 2018.

Meanwhile, the S&P BSE Sensex was up 73.12 points, or 0.20% to 36,569.49.

On the BSE, 1,598 shares were traded in the counter so far compared with average daily volumes of 234 shares in the past two weeks. The stock had hit a high of Rs 2992.85 and a low of Rs 2616.15 so far during the day. The stock hit a 52-week high of Rs 3,528 on 2 November 2017. The stock hit a 52-week low of Rs 2,470 on 19 July 2018.

 

VST Industries has a manufacturing facility at Hyderabad and Toopran (Telangana) and its principal activities are manufacture & sale of cigarettes and unmanufactured tobacco.

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