Hot Pursuit     08-Aug-11
Strong Q1 numbers lift Diamines & Chemicals
Diamines & Chemicals surged 3.78% to Rs 68.60 at 15:01 IST on BSE, after net profit soared 79.49% to Rs 4.20 crore on 53.01% rise in net sales to Rs 24.09 crore in Q1 June 2011 over Q1 June 2010.

The company declared its results during trading hours today, 8 August 2011.

Meanwhile, the BSE Sensex was down 330.88 points, or 1.91%, to 16,974.99.

On BSE, 6,763 shares were traded in the counter as against an average daily volume of 9,773 shares in the past one quarter.

The stock hit a high of Rs 70.50 and a low of Rs 61.10 so far during the day. The stock had hit a 52-week high of Rs 87 on 19 July 2011 and a 52-week low of Rs 39 on 18 August 2011.

The stock had outperformed the market over the past one month till 5 August 2011, declining 3.64% compared with the Sensex's 7.68% fall. The scrip had also outperformed the market in past one quarter, gaining 36.09% as against 4.97% decline in the Sensex.

The small-cap specialty chemicals manufacturer has an equity capital of Rs 9.78 crore. Face value per share is Rs 10.

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