Sundaram Brake hits 20% upper circuit

India Infoline News Service | Mumbai | May 24, 2016 16:14 IST

The net profit stood at Rs.2.6 crore.

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Sundaram Brake Ltd stock has hit 20% upper circuit at Rs. 288.The net profit stood at Rs.2.6 crore.
The total income was at Rs.57.7 crore as against Rs. 54.7 crore (YoY).

The scrip opened at Rs. 250 and touched a high and low of Rs. 288.1 and Rs. 235.05 respectively. A total of 213354(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 94.36 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 328.6 on 02-Dec-2015 and a 52 week low of Rs. 212 on 07-Sep-2015. Last one week high and low of the scrip stood at Rs. 249.8 and Rs. 236.8 respectively.
The promoters holding in the company stood at 65.54 % while Institutions and Non-Institutions held 0.57 % and 33.89 % respectively.
The stock traded above its 200 DMA.

***Note: This is a NSE Chart



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