Gulshan Polyols hits 52-week high on strong Q1 nos

Gulshan Polyols reported 49 percent jump in Q1 net at Rs. 8.64 crore for the quarter ended June 2015 when compared with Rs. 5.80 crore in the corresponding quarter a year ago.

Aug 03, 2015 07:08 IST India Infoline News Service

Gulshan Polyols has zoomed over 18 percent to register a fresh 52-week high at Rs. 404 in trades so far on the back of strong Q1 performance.

Gulshan Polyols has reported 49 percent jump in Q1 net at Rs. 8.64 crore for the quarter ended June 2015 when compared with Rs. 5.80 crore in the corresponding quarter a year ago. Total income has increased by 22.2 percent to Rs. 104.14 crore from Rs. 85.20 crore.

The stock continues to trade on a gung-ho note and is now up 16 percent at Rs. 397. The counter has seen trades of around 6.5-times jump in volume with trades of around 23,000 shares as against the two-week daily average volume of around 3,570-odd shares on the BSE.

Meanwhile, the Sensex has gained 73 points at 28,187.

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