Hot Pursuit     10-Aug-17
National Peroxide firms up after strong Q1 earnings
National Peroxide rose 6.27% to Rs 1,484 at 10:36 IST on BSE after net profit rose 47.25% to Rs 17.95 crore on 18.08% rise in net sales to Rs 68.30 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 141.92 points, or 0.45% to 31,655.92.

On the BSE, 13,000 shares were traded in the counter so far, compared with average daily volumes of 6,679 shares in the past one quarter. The stock had hit a high of Rs 1,545 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 1,425 so far during the day. The stock hit a 52-week low of Rs 645 on 11 August 2016.

The stock had underperformed the market over the past one month till 9 August 2017, falling 3.60% compared with 0.16% rise in the Sensex. The scrip had outperformed the market in past one quarter, rising 12.68% as against Sensex's 5.11% rise. The scrip had also outperformed the market in past one year, rising 110.76% as against Sensex's 14.48% rise.

The small-cap company has equity capital of Rs 5.75 crore. Face value per share is Rs 10.

Separately, National Peroxide announced after market hours yesterday, 9 August 2017, that its board approved the capacity expansion of the company's Hydrogen Peroxide plant at Kalyan (on 50% w/w basis) from 95,000 tonnes per annum to 1.50 lakh tonnes per annum.

National Peroxide (NPL) is a pioneer in India for peroxygen chemicals and is the largest manufacturer of Hydrogen Peroxide in India.

Previous News
  National Peroxide consolidated net profit declines 62.14% in the June 2023 quarter
 ( Results - Announcements 09-Aug-23   07:40 )
  National Peroxide to conduct EGM
 ( Corporate News - 03-May-22   17:12 )
  Board of National Peroxide approves composite scheme of arrangement
 ( Corporate News - 10-Mar-21   17:25 )
  National Peroxide standalone net profit rises 348.70% in the June 2016 quarter
 ( Results - Announcements 12-Aug-16   12:42 )
  National Peroxide standalone net profit rises 137.10% in the June 2018 quarter
 ( Results - Announcements 03-Aug-18   17:01 )
  National Peroxide standalone net profit rises 86.59% in the December 2015 quarter
 ( Results - Announcements 13-Feb-16   08:46 )
  National Peroxide to hold board meeting
 ( Corporate News - 17-May-23   15:06 )
  National Peroxide to hold AGM
 ( Corporate News - 17-Jul-15   13:29 )
  National Peroxide to hold AGM
 ( Corporate News - 14-Jul-16   14:24 )
  National Peroxide net profit rises 7.96% in the June 2013 quarter
 ( Results - Announcements 17-Aug-13   08:01 )
  National Peroxide net profit declines 17.22% in the September 2009 quarter
 ( Results - Announcements 26-Oct-09   19:30 )
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