Hot Pursuit     15-May-17
TVS Electronics spurts after reporting strong Q4 earnings
TVS Electronics jumped 7.81% to Rs 204.20 at 12:12 IST on BSE after net profit spurted 627.5% to Rs 5.82 crore on 858.8% increase in net sales to Rs 941.32 crore in Q4 March 2017 over Q4 March 2016.

The result was announced after market hours on Friday, 12 May 2017.

Meanwhile, the S&P BSE Sensex was up 147.56 points, or 0.49% at 30,335.71. The S&P BSE Small-cap index was up 129.44 points, 0.83% at 15,658.27.

High volumes were witnessed on the counter. On the BSE, 1.16 lakh shares were traded on the counter so far as against the average daily volumes of 40,560 shares in the past one quarter. The stock had hit a high of Rs 207.85 and a low of Rs 197.65 so far during the day.

The stock had hit a record high of Rs 231.90 on 13 December 2016 and a 52-week low of Rs 87.65 on 29 August 2016. The stock had underperformed the market over the past one month till 12 May 2017, declining 2.25% compared with the Sensex's 1.84% rise. The scrip had also underperformed the market over the past one quarter declining 6.35% as against the Sensex's 6.54% rise.

The small-cap company has equity capital of Rs 18.61 crore. Face value per share is Rs 10.

TVS Electronics is engaged in manufacturing of computer printers, trading of computer printers/keyboards and telecommunication parts, distribution of mobile phones, and offering services.

Previous News
  TVS Electronics reports standalone net profit of Rs 5.85 crore in the March 2021 quarter
 ( Results - Announcements 22-May-21   18:00 )
  TVS Electronics standalone net profit rises 627.50% in the March 2017 quarter
 ( Results - Announcements 13-May-17   15:33 )
  TVS Electronics to declare Quarterly Result
 ( Corporate News - 30-Jan-24   16:10 )
  TVS Electronics schedules board meeting
 ( Corporate News - 14-May-21   13:04 )
  TVS Electronics reports standalone net loss of Rs 2.01 crore in the June 2016 quarter
 ( Results - Announcements 11-Aug-16   11:48 )
  TVS Electronics reports net loss of Rs 2.19 crore in the March 2009 quarter
 ( Results - Announcements 28-Apr-09   10:56 )
  TVS Electronics to hold board meeting
 ( Corporate News - 15-Jul-14   16:53 )
  TVS Electronics to convene board meeting
 ( Corporate News - 22-Oct-18   10:40 )
  TVS Electronics standalone net profit declines 23.25% in the March 2022 quarter
 ( Results - Announcements 14-May-22   17:06 )
  TVS Electronics schedules board meeting
 ( Corporate News - 02-Feb-23   11:37 )
  TVS Electronics net profit rises 190.23% in the December 2007 quarter
 ( Results - Announcements 09-Jan-08   10:36 )
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