Gulshan Polyols at 52-week high, soars 18%

The stock has hit a high of Rs. 254 and a low of Rs. 236.

Feb 16, 2015 06:02 IST India Infoline News Service

Gulshan Polyols zoomed nearly 18 per cent to hit a fresh 52-week high of Rs. 254 on the back of strong Q3 performance.

According to a release issued by the company to the BSE on Saturday, the company reported 63.6 per cent surge in Q3fY15 net profit at Rs. 8.77 crore when compared with Rs. 5.36 crore in the corresponding quarter a year ago. Total income also jumped by 39.4 per cent to Rs. 115.15 crore from Rs. 82.61 crore.

At 11:56 AM, the stock was up 10.5% at Rs. 238. The stock has hit a high of Rs. 254 and a low of Rs. 236.
The counter has seen trades of around 18,000 shares as against the two-week daily average volume of around 3,330-odd shares on the BSE.

Meanwhile, the Sensex has pared gains and is now up 87 points at 29,182.

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