Hot Pursuit     21-Mar-18
Fiberweb (India) reverses 5-day fall on bargain hunting
Fiberweb (India) surged 5.86% to Rs 121 at 15:21 IST on BSE, with the stock reversing its five-day slide on bargain hunting.

Meanwhile, the S&P BSE Sensex was up 148.08 points or 0.45% at 33,144.84. The S&P BSE Small-Cap index advanced 0.32%, underperforming the Sensex.

On the BSE, 1.52 lakh shares were traded on the counter so far as against the average daily volumes of 95,466 shares in the past one quarter. The stock had hit a high of Rs 130 and a low of Rs 114 so far during the day. The stock had hit a record high of Rs 194.50 on 16 May 2017 and a 52-week low of Rs 103 on 30 October 2017.

The small-cap company has equity capital of Rs 28.79 crore. Face value per share is Rs 10.

Shares of Fiberweb (India) had slumped 13.5% in the previous five trading sessions to settle at Rs 114.30 yesterday, 20 March 2018, from its close of Rs 132.15 on 13 March 2018.

On a consolidated basis, Fiberweb (India)'s net profit surged 155.4% to Rs 10.32 crore on 208.7% growth in net sales to Rs 81.80 crore in Q3 December 2017 over Q3 December 2016.

Fiberweb (India) makes and exports garbage bags and carrier bags.

Previous News
  Fiberweb (India) reports standalone net profit of Rs 3.52 crore in the March 2024 quarter
 ( Results - Announcements 22-May-24   07:31 )
  Fiberweb (India) consolidated net profit rises 47.06% in the December 2020 quarter
 ( Results - Announcements 12-Feb-21   09:02 )
  Fiberweb (India) standalone net profit declines 45.29% in the June 2023 quarter
 ( Results - Announcements 12-Aug-23   07:37 )
  Fiberweb (India) to declare Quarterly Result
 ( Corporate News - 27-Oct-23   16:49 )
  Fiberweb (India) to convene AGM
 ( Corporate News - 17-Aug-23   11:32 )
  Fiberweb (India) to declare Quarterly Result
 ( Corporate News - 26-Oct-20   13:56 )
  Fiberweb (India) to conduct board meeting
 ( Corporate News - 02-Aug-23   11:41 )
  Fiberweb (India) standalone net profit declines 72.93% in the March 2019 quarter
 ( Results - Announcements 06-Jun-19   13:35 )
  Fiberweb (India) to convene AGM
 ( Corporate News - 16-Aug-19   16:55 )
  Fiberweb (India) to declare Quarterly Result
 ( Corporate News - 02-Aug-19   16:48 )
  Fiberweb (India) reports consolidated net loss of Rs 12.20 crore in the March 2019 quarter
 ( Results - Announcements 06-Jun-19   13:34 )
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