Hot Pursuit     24-Jan-17
Nocil gains after good Q3 results
Nocil rose 2.27% to Rs 76.50 at 12:19 IST on BSE after net profit rose 26.2% to Rs 25.47 crore on 3.2% growth in net sales to Rs 173.84 crore in Q3 December 2016 over Q3 December 2015.
The result was announced after market hours yesterday, 23 January 2017.

Meanwhile, the S&P BSE Sensex was up 121.28 points or 0.45% at 27,238.62.

On the BSE, 3.10 lakh shares were traded on the counter so far as against the average daily volumes of 3.22 lakh shares in the past one quarter. The stock had hit a high of Rs 77.20 and a low of Rs 74.50 so far during the day.

The stock had hit a 52-week high of Rs 82.35 on 20 October 2016 and a 52-week low of Rs 37.65 on 12 February 2016. The stock had outperformed the market over the past one month till 23 January 2017, advancing 13.42% compared with the Sensex's 4.13% rise. The scrip had also outperformed the market over the past one quarter, declining 3.3% as against the Sensex's 3.42% fall.

The small-cap company has equity capital of Rs 163.58 crore. Face value per share is Rs 10.

Nocil manufactures basic organic chemicals.

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