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The result was announced after market hours on Tuesday, 10 May 2016. Shares of Elantas Beck India rose 8.64% to Rs 1,455.25 yesterday, 11 May 2016. The stock has risen 13.62% in two consecutive trading sessions from its close of Rs 1,339.50 on 10 May 2016.
Meanwhile, the BSE Sensex was up 132.91 points, or 0.52%, to 25,729.93 .
On BSE, so far 12,000 shares were traded in the counter, compared with an average volume of 2,370 shares in the past one quarter. The stock hit a high of Rs 1,564.75 and a low of Rs 1,460 so far during the day. The stock hit a 52-week high of Rs 1,605 on 1 January 2016. The stock hit a 52-week low of Rs 970.50 on 12 June 2015. The stock had outperformed the market over the past one month till 11 May 2016, rising 12.18% compared with 2.30% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 16.51% as against Sensex's 11.52% rise.
The small-cap company has an equity capital of Rs 7.93 crore. Face value per share is Rs 10.
Elantas Beck India net profit rose 56.3% to Rs 13.49 crore on 13.4% growth in net sales to Rs 90.80 crore in Q1 March 2016 over Q1 March 2015.
Elantas Beck India manufactures a wide range of specialty chemicals for electrical insulation and construction industries.
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