Hot Pursuit     14-Feb-17
BGR Energy Systems advances after turnaround Q3 results
BGR Energy Systems rose 4.6% to Rs 147.85 at 11:17 IST on BSE after the company reported net profit of Rs 10.20 crore in Q3 December 2016 as compared with net loss of Rs 8.88 crore in Q3 December 2015.
The result was announced after market hours yesterday, 13 February 2017.

Meanwhile, the S&P BSE Sensex was down 18.31 points, or 0.06%, to 28,333.31.

On the BSE, 1.72 lakh shares were traded on the counter so far as against the average daily volumes of 76,291 shares in the past one quarter. The stock had hit a high of Rs 151.95 and a low of Rs 142 so far during the day.

The stock had hit a 52-week high of Rs 155.45 on 9 February 2017 and a 52-week low of Rs 89.40 on 12 February 2016. The stock had outperformed the market over the past one month till 13 February 2017, advancing 8.27% compared with the Sensex's 4.09% rise. The scrip had also outperformed the market over the past one quarter advancing 28.62% as against the Sensex's 5.72% rise.

The small-cap company has equity capital of Rs 72.16 crore. Face value per share is Rs 10.

BGR Energy Systems' net sales rose 3.1% to Rs 635.05 crore in Q3 December 2016 over Q3 December 2015.

BGR Energy Systems is a leading engineering, procurement and construction (EPC) and balance of plant (BoP) engineering and contracting company for power projects in India.

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