Hot Pursuit     11-Oct-12
Electrosteel Castings jumps after stellar Q2 results
Electrosteel Castings jumped 4.5% to Rs 20.90 at 13:53 IST on BSE after net profit jumped 91.27% to Rs 37.03 crore on 8.52% growth in net sales to Rs 479.06 crore in Q2 September 2012 over Q2 September 2011.

The company announced the results during trading hours today, 11 October 2012.

Meanwhile, the BSE Sensex was up 113.94 points or 0.61% to 18,745.04.

On BSE, 4.98 lakh shares were traded in the counter as against average daily volume of 1.12 lakh shares in the past two weeks.

The stock hit a high of Rs 21.70 and a low of Rs 20 so far during the day.

The company has equity capital of Rs 32.68 crore. Face value per share is Re 1.

Electrosteel Castings is a leading pipeline solution provider. The company has a strong brand presence around the globe.

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