Hot Pursuit     25-Apr-11
Automotive Stampings & Assemblies speeds up on strong Q4 results
Automotive Stampings & Assemblies surged 4.10% to Rs 85 at 13:43 IST on BSE, after net profit rose 34.4% to Rs 4.06 crore on 8.5% increase in net sales to Rs 141.17 crore in Q4 March 2011 over Q4 March 2010.

The company announced the results on Saturday, 23 April 2011.

Meanwhile, the BSE Sensex was up 39.86 points, or 0.20%, to 19,642.09.

On BSE, 5,388 shares were traded in the counter as against average daily volume of 4,976 shares over the past one quarter.

The stock hit a high of Rs 86 and a low of Rs 84.10 so far during the day.

The company has an equity capital of Rs 10.20 crore. Face value per share is Rs 10.

Automotive Stampings & Assemblies' board recommended a dividend of Rs 1.20 per share (12%) for the year ended March 2011.

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