Hot Pursuit     21-Apr-10
Elantas Beck India surges on good quarterly earnings
Elantas Beck India gained 4.07% to Rs 523.50 at 10:18 IST on BSE, after net profit rose 55.4% to Rs 9.09 crore in Q1 March 2010 over Q1 March 2009.

Meanwhile, the BSE Sensex was up 93.57 points, or 0.54% to 17,554.15.

On BSE, 12,902 shares were traded in the counter as against an average daily volume of 9,810 shares in the past one quarter.

The stock hit a high of Rs 530 and a low of Rs 510 so far during the day. The stock had hit a lifetime high of Rs 600 on 25 March 2010 and a 52-week low of Rs 176 on 20 April 2009.

The small-cap stock had outperformed the market over the past one month till 20 April 2010, rising 20.31% as compared to the Sensex's 0.67% fall. It had also outperformed the market in the past one quarter, gaining 30.06% as compared to the Sensex's decline of 0.08%.

The company's equity capital is Rs 7.93 crore. Face value per share is Rs 10.

Elantas Beck India's net sales increased 41.8% Rs 60.35 crore in Q1 March 2010 over Q1 March 2009. The company declared its results after market hours on Tuesday, 20 April 2010.

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