The company announced the board meet before market hours today, 12 October 2009.

Meanwhile, the BSE Sensex was up 170.26 points, or 1.02%, to 16,812.92.

On BSE, 11,935 shares were traded in the counter as against an average daily volume of 14,780 shares in the past one quarter.

The stock hit a high of Rs 72.35 and a low of Rs 72.30 so far during the day. The stock had hit a 52-week high of Rs 82.10 on 2 September 2009 and a 52-week low of Rs 30 on 27 October 2008.

The small-cap stock underperformed the market over the past one month till 9 October 2009, rising 0.80% as compared to the Sensex's 2.84% rise. It had also underperformed the market in the past one quarter, rising 9.97% as compared to the Sensex's return of 20.97%.

The company's equity capital is Rs 5.61 crore. Face value per share is Rs 10.

The current price of Rs 72.35 discounts the company's Q1 June 2009 annualized EPS of Rs 10.05, by a PE multiple of 7.20.

Apcotex Industries' net profit rose 16.7% to Rs 1.40 crore on 6.6% fall in net sales to Rs 26.64 crore in Q1 June 2009 over Q1 June 2008.

The company is engaged in manufacturing synthetic rubber lattices such as vinyl pyridine latex and styrene butadiene rubber latex.