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The announcement was made after market hours on Friday, 14 October 2016.
Meanwhile, the S&P BSE Sensex was down 26.15 points or 0.09% at 27,647.45
On BSE, so far 2,941 shares were traded in the counter as against average daily volume of 8,791 shares in the past one quarter. The stock hit a high of Rs 314.95 and a low of Rs 311.05 so far during the day. The stock had hit a record high of Rs 329 on 19 September 2016. The stock had hit a 52-week low of Rs 115 on 12 December 2016. The stock had outperformed the market over the past 30 days till 14 October 2016, rising 6.94% compared with Sensex's 2.6% fall. The scrip had also outperformed the market in past one quarter, gaining 18.59% as against Sensex's 0.59% decline.
The small-cap company has equity capital of Rs 6.48 crore. Face value per share is Rs 2.
Balaji Amines' net profit surged 105.46% to Rs 26.34 crore on 4.73% growth in total income to Rs 167.90 crore in Q1 June 2016 over Q1 June 2015.
Balaji Amines manufactures methylamines, ethylamines, derivatives of specialty chemicals and natural products.
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