Hot Pursuit     25-Oct-10
Robust quarterly earnings boost Jayant Agro Organics
Jayant Agro Organics surged 4.11% to Rs 151.95 at 12:32 IST on BSE, after net profit jumped 114.6% to Rs 5.30 crore on 38.8% rise in net sales to RS 283.30 crore in Q2 September 2010 over Q2 September 2009.

The company declared its results after market hours on Friday, 22 October 2010.

Meanwhile, the BSE Sensex was up 235.19 points, or 1.17% at 20,401.05.

On BSE, 94,206 shares were traded in the counter as against an average daily volume of 67,174 shares in the past one quarter.

The stock hit a high of Rs 154 and a low of Rs 148 so far during the day. The stock had hit an all time high of Rs 160 on 6 October 2010 and a 52-week low of Rs 62.30 on 28 October 2009.

The small-cap stock had outperformed the market over the past one month till 22 October 2010, rising 2.78% compared with the Sensex's 1.12% rise. It had also outperformed the market in past one quarter, gaining 14.25% as against 11.33% rise in the Sensex.

The company has an equity capital of Rs 7.50 crore. Face value per share is Rs 5.

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