The company announced the results after trading hours on Thursday, 23 April 2009.

Meanwhile, the BSE Sensex was up 31.08 points, or 0.28%, to 11,166.07.

On BSE, 1.48 lakh shares were traded in the counter. The stock had an average daily volume of 43,921 shares in the past one quarter.

The stock hit a high of Rs 97.35 and a low of Rs 92.40 so far during the day. The stock hit a 52-week high of Rs 261 on 23 April 2008 and a 52-week low of Rs 52.25 on 5 March 2009.

The small-cap stock had outperformed the market over the past one month till 23 April 2009, gaining 26.62% as compared to the Sensex's return of 18.16%. It had also outperformed the market in the past one quarter, gaining 36.20% as compared to the Sensex's return of 28.37%.

The company's current equity is Rs 70.83 crore. Face value per share is Rs 10.

The current price of Rs 95.05 discounts the company's Q1 March 2009 annualized EPS of Rs 18.70, by a PE multiple of 5.08.

Rain Commodities' net sales rose 38.2% to Rs 266.68 crore in Q1 March 2009 over Q1 March 2008.

However, the company reported a 21.51% fall in consolidated net profit to Rs 87.22 crore on 29.62% rise in net sales to Rs 1050.30 crore in Q1 March 2009 over Q1 March 2008.

The company is engaged in manufacturing and selling cement. It is also engaged in the manufacture and trading of calcined petroleum coke and generation of energy.

The promoters of the company had on 26 March 2009 revoked 19.86 lakh shares representing 2.80% of the equity capital of the company out of a total 1.76 crore shares representing 24.90% of the equity capital of the company which they had pledged earlier.

The total promoter shareholding in the company stood at 42.89% as on 31 March 2009.