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The announcement was made during market hours today, 18 January 2017.
Meanwhile, the S&P BSE Sensex was up 46.18 points, or %, to 27,281.84
On the BSE, so far 4.53 lakh shares were traded in the counter, compared with average daily volumes of 5.55 lakh shares in the past one quarter. The stock had hit a high of Rs 182.80 and a low of Rs 176.25 so far during the day.
The stock hit a record high of Rs 213.40 on 14 December 2016. The stock hit a 52-week low of Rs 57.50 on 16 May 2016. The stock had outperformed the market over the past 30 days till 17 January 2017, rising 7.24% compared with the 3.26% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 69.58% as against Sensex's 2.68% decline.
The mid-cap company has equity capital of Rs 22.12 crore. Face value per share is Re 1.
Swan Energy's net profit jumped 1170.6% to Rs 2.16 crore on 1.6% growth in net sales to Rs 96.09 crore in Q2 September 2016 over Q2 September 2015.
Swan Energy is engaged in the manufacturing of textile products. The company is also engaged in the real estate development and energy businesses.
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