Meanwhile, the S&P BSE Sensex was up 129.34 points or 0.48% at 27,306.33
On BSE, so far 7,782 shares were traded in the counter as against average daily volume of 43,293 shares in the past one quarter.
The stock hit a high of Rs 869.35 and a low of Rs 835.55 so far during the day. The stock had hit a record high of Rs 1,077 on 20 March 2015. The stock had hit a 52-week low of Rs 508.45 on 16 May 2014.
The stock had underperformed the market over the past one month till 27 April 2015, falling 14.57% compared with 1.03% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 18.09% as against Sensex's 8.1% decline.
The small-cap company has equity capital of Rs 13.81 crore. Face value per share is Rs 2.
The Reserve Bank of India (RBI) after market hours yesterday, 27 April 2015, notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in Kaveri Seed Company has reached the trigger limit. Therefore, further purchases of equity shares of the company would be allowed only after obtaining prior approval of the Reserve Bank of India, it added.
Kaveri Seed Company's consolidated net profit fell 2% to Rs 35.79 crore on 31.6% fall in net sales to Rs 90.69 crore in Q3 December 2014 over Q3 December 2013.
Kaveri Seed Company makes hybrid seeds.
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