Hot Pursuit     25-May-11
Diamines & Chemicals hits 52-week high on bonus bounty
Diamines & Chemicals jumped 6.58% to Rs 98 at 10:14 IST on BSE, after the company's board at the time of announcing Q4 and year ended March 2011 results recommended a 1:2 bonus issue.

The company announced the results and bonus issue after market hours on Tuesday, 24 May 2011.

Meanwhile, the BSE Sensex was down 64.54 points, or 0.36%, to 17,947.43.

On BSE, 23,602 shares were traded in the counter as against average daily volume of 7,305 shares over the past one quarter.

The stock hit a high of Rs 102.40 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 95.10 so far during the day. The stock had hit a 52-week low of Rs 53.90 on 7 June 2010.

The stock had outperformed the market over the past one month till 24 May 2011, gaining 27.27% compared with the Sensex's 8.11% fall. The stock had also outperformed the market in past one quarter, rising 26.57% as against Sensex's return of 2.15%.

The small-cap specialty chemicals manufacturer has an equity capital of Rs 6.52 crore. Face value per share is Rs 10.

Diamines & Chemicals' net profit galloped 730.4% to Rs 3.82 crore on 106.8% surge in net sales to Rs 23.76 crore in Q4 March 2011 over Q4 March 2010. Net profit soared 57.3% to Rs 14.71 crore on 82.6% jump in net sales to Rs 82.73 crore in the year ended March 2011 over the year ended March 2010.

Diamines & Chemicals' board recommended a final dividend of Rs 4.50 per share (45%) for the year ended March 2011.

Previous News
  Diamines & Chemicals to conduct board meeting
 ( Corporate News - 24-Sep-24   14:35 )
  Diamines & Chemicals reports consolidated net loss of Rs 1.75 crore in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   12:02 )
  Diamines & Chemicals to table results
 ( Corporate News - 30-Jul-24   17:01 )
  Diamines & Chemicals reschedules AGM date
 ( Corporate News - 11-Jul-24   11:03 )
  Diamines & Chemicals to consider fund raising options
 ( Corporate News - 05-Jul-24   10:34 )
  Remedium Lifecare Ltd leads losers in 'B' group
 ( Hot Pursuit - 04-Jul-24   14:45 )
  Diamines & Chemicals AGM scheduled
 ( Corporate News - 01-Jul-24   12:22 )
  Diamines & Chemicals appoints VP Manufacturing
 ( Corporate News - 29-Jun-24   11:51 )
  Board of Diamines & Chemicals recommends final dividend
 ( Corporate News - 25-May-24   09:47 )
  Diamines & Chemicals consolidated net profit declines 76.49% in the March 2024 quarter
 ( Results - Announcements 25-May-24   07:43 )
  Diamines & Chemicals adjourns board meeting
 ( Corporate News - 23-May-24   10:31 )
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