Hot Pursuit     27-Jan-17
Astec Lifesciences gains after reporting turnaround in Q3 result
Astec Lifesciences rose 2.16% to Rs 607.05 at 11:55 IST on BSE after the company reported consolidated net profit of Rs 0.70 crore in Q3 December 2016, compared with net loss of Rs 7.84 crore in Q3 December 2015.
The result was announced after market hours on Wednesday, 25 January 2017.

Meanwhile, the S&P BSE Sensex was up 246.10 points or 0.89% at 27,954.24.

On the BSE, 56,000 shares were traded on the counter so far as against the average daily volumes of 58,581 shares in the past one quarter. The stock had hit a high of Rs 625 and a low of Rs 605 so far during the day.

The stock had hit a record high of Rs 694.80 on 20 December 2016 and a 52-week low of Rs 171.10 on 29 February 2016. The stock had underperformed the market over the past one month till 25 January 2017, declining 3.67% compared with the Sensex's 6.4% rise. The scrip had, however, outperformed the market over the past one quarter, advancing 29.44% as against the Sensex's 1.36% fall.

The small-cap company has equity capital of Rs 19.50 crore. Face value per share is Rs 10.

Astec Lifesciences total income from operations rose 94.81% to Rs 62.38 crore in Q3 December 2016 over Q3 December 2015.

Astec is a producer of agrochemicals and pharmaceutical intermediates.

Previous News
  Astec Lifesciences reports consolidated net profit of Rs 16.18 crore in the June 2020 quarter
 ( Results - Announcements 23-Jul-20   08:20 )
  Astec Lifesciences reports consolidated net loss of Rs 24.33 crore in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   17:38 )
  Astec Lifesciences to conduct board meeting
 ( Corporate News - 16-Jul-22   15:28 )
  Astec Lifesciences consolidated net profit rises 396.82% in the March 2018 quarter
 ( Results - Announcements 03-May-18   14:34 )
  Astec Lifesciences allots 17500 equity shares
 ( Corporate News - 03-May-18   09:36 )
  Astec Lifesciences consolidated net profit rises 250.57% in the December 2021 quarter
 ( Results - Announcements 25-Jan-22   17:19 )
  Astec LifeSciences allots 2000 equity shares under ESOP
 ( Corporate News - 05-Jun-20   10:30 )
  Astec Lifesciences consolidated net profit rises 449.02% in the September 2016 quarter
 ( Results - Announcements 28-Oct-16   14:08 )
  Astec Lifesciences standalone net profit rises 516.57% in the September 2016 quarter
 ( Results - Announcements 28-Oct-16   14:09 )
  Astec Lifesciences standalone net profit declines 32.12% in the June 2016 quarter
 ( Results - Announcements 27-Jul-16   15:18 )
  Astec Lifesciences to hold AGM
 ( Corporate News - 27-Jul-15   11:16 )
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