VST Ind shares jump 5% on strong Q4 numbers - The New Indian Express

VST Ind shares jump 5% on strong Q4 numbers

Published: 23rd April 2014 11:19 AM

Last Updated: 23rd April 2014 11:19 AM

V S T Industries shares surged on Wednesday after the company disclosed a substantial rise in standalone net profit for the quarter ended March 2014. The company reported 49.37% jump in net profit to Rs 518.90 million from Rs 347.40 million in the same quarter last year.

Net sales for the quarter rose 17.54% to Rs 1,890.80 million, compared with Rs 1,609 million for the prior year period.

Shares of the company are trading at Rs 1,870.00, up Rs 89.2, or 5.01% at the Bombay Stock Exchange (BSE) on Wednesday at 9:29 a.m.The scrip has touched an intra-day high of Rs 1,903.70 and low of Rs 1,816.10. The total volume of shares traded at the BSE is 2,116.In the earlier session, the shares gained 1.61%, or Rs 28.15, at Rs 1,780.80.Currently, the stock is trading all time 52-week high, which is above 33.57% over the 52-week low of Rs 1,400.00.

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

Read More

follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook