Hot Pursuit     29-Aug-12
HeidelbergCement India advances after bulk deal
HeidelbergCement India rose 2.31% to Rs 42 at 14:37 IST on BSE after 0.44% equity changed hands in a bulk deal on the BSE today, 29 August 2012.

A bulk deal of 10 lakh shares was struck on the HeidelbergCement India counter at Rs 41.25 per share at 10:51 IST on the BSE today, 29 August 2012.

Meanwhile, the BSE Sensex was down 127.23 points, or 0.72% at 17,504.48

On BSE, 10.63 lakh shares were traded in the counter as against an average daily volume of 1.56 lakh shares in the past one quarter.

The stock hit a high of Rs 42.90 and a low of Rs 40.45 so far during the day. The stock had hit a 52-week high of Rs 43.90 on 21 August 2012 and a 52-week low of Rs 25.05 on 20 December 2011.

The small-cap stock had outperformed the market over the past one month till 28 August 2012, rising 18.30% compared with Sensex's gain of 4.71%. The scrip also outperformed the market in past one quarter, surging 36.83% as against Sensex's 7.40% surge.

The company has an equity capital of Rs 226.62 crore. Face value per share is Rs 10.

HeidelbergCement India reported 46.4% rise in net profit to Rs 19.27 crore on 22.6% rise in net sales to Rs 304.98 crore in Q2 June 2012 over Q2 June 2011.

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