TNPL soars 4.6% on robust Q1 earnings

The company's Q1 net profit nearly doubled to Rs. 51.64 crore for the first quarter ended June 2015, as against Rs. 26.23 crore in a year ago period.

Aug 04, 2015 11:08 IST India Infoline News Service

Tamil Nadu Newsprint & Papers (TNPL) soared over 4 percent to Rs. 207 after the company's Q1 net profit nearly doubled to Rs. 51.64 crore for the first quarter ended June 2015, as against Rs. 26.23 crore in a year ago period.

The stock hit a high of Rs. 217 and low of Rs. 204 on BSE today. The total traded quantity was 4.20 lakh shares and two-week average quantity is 1.48 lakh. 

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