Hot Pursuit     14-Aug-17
Voltamp Transformers advances after good Q1 results
Voltamp Transformers rose 2.96% to Rs 1,100 at 11:01 IST on BSE after net profit rose 30.7% to Rs 14.50 crore on 13.3% increase in net sales to Rs 130.45 crore in Q1 June 2017 over Q1 June 2016.

The result was announced on Saturday, 12 August 2017.

Meanwhile, the S&P BSE Sensex was up 223.32 points, or 0.72% at 31,436.91. The S&P BSE Small-Cap index was up 303.36 points, or 2.02% at 15,339.69.

On the BSE, 5,070 shares were traded on the counter so far as against the average daily volumes of 4,660 shares in the past one quarter. The stock had hit a high of Rs 1,160 and a low of Rs 1,100 so far during the day. The stock had hit a 52-week high of Rs 1,367 on 16 May 2017 and a 52-week low of Rs 751 on 9 November 2016.

The stock had underperformed the market over the past one month till 11 Aug 2017, declining 17.16% compared with the Sensex's 1.68% fall. The scrip had also underperformed the market over the past one quarter declining 12% as against the Sensex's 3.18% rise. The scrip had, however, outperformed the market over the past one year advancing 31.05% as against the Sensex's 12.04% rise.

The small-cap company has equity capital of Rs 10.12 crore. Face value per share is Rs 10.

Voltamp Transformers is engaged in the manufacturing of electrical transformers. The company's products include oil filled transformers, cast resin transformers, unitised sub-station, induction furnace transformers and lighting transformers.

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