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The announcement was made during market hours today, 2 March 2017.
Meanwhile, the S&P BSE Sensex was down 187.67 points or 0.65% at 28,796.82.
On the BSE, 3.48 lakh shares were traded on the counter so far as against the average daily volumes of 38,812 shares in the past one quarter. The stock had hit a high of Rs 25.05 and a low of Rs 22.40 so far during the day.
The stock had hit a 52-week high of Rs 28 on 1 November 2016 and a 52-week low of Rs 11.45 on 29 February 2016. It had outperformed the market over the past one month till 1 March 2017, gaining 4.58% compared with the Sensex's 3% rise. The scrip had, however, underperformed the market over the past one quarter, advancing 7.78% as against the Sensex's 9.13% rise.
The small-cap company has equity capital of Rs 20.54 crore. Face value per share is Rs 1.
B. L. Kashyap and Sons' net profit surged 286.7% to Rs 1.16 crore on 2.5% decline in net sales to Rs 201.21 crore in Q3 December 2016 over Q3 December 2015.
B. L. Kashyap and Sons is a civil engineering and construction company.
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