Hot Pursuit     31-May-10
Vivimed Labs hits 52-week high on stellar Q4 numbers
Vivimed Labs surged 4.57% to Rs 177.25 at 14:34 IST on BSE after net profit galloped 517.69% to Rs 8.03 crore on 29.44% increase in net sales to Rs 84.64 crore in Q4 March 2010 over Q4 March 2009.

The company declared its results on Saturday, 29 May 2010.

Meanwhile, the BSE Sensex was down 22.45 points, or 0.13% to 16,840.61.

On BSE, 1.92 lakh shares were traded in the counter as against an average daily volume of 33,316 shares in the past one quarter.

The stock hit a high of Rs 179.40 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 166.25 so far during the day. The stock had hit a 52-week low of Rs 68.55 0 on 17 July 2009.

The small-cap stock had outperformed the market over the past one month till 28 May 2010, rising 5.81% as compared to the Sensex's 2.97% decline. It had also outperformed the market in the past one quarter, gaining 36.64% as compared to the Sensex's 2.64% rise.

The company's equity capital is Rs 9.96 crore. Face value per share is Rs 10.

Net profit rose 60.26% to Rs 31.01 crore on 24.40% rise in net sales to Rs 343.49 crore in the year ended March 2010 over the year ended March 2009.

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