Friday 16 January 2015

HSIL stock up 4%

HSIL started the day on a gung-ho note, with a surge of 5.6 per cent at Rs. 435 on the back of strong set of financial earnings. 

Yesterday, after market, the company informed the BSE that HSIL booked a net profit of Rs. 30.29 crore in Q3FY15, against Rs. 11.79 crore in Q3FY14. 

Total income also rose by 26 per cent to Rs. 462 crore from Rs. 366 crore. 

The stock so far has jumped 6.5% to record a 52-week high at Rs. 439. 

Now, the stock is up 3.88% at Rs. 428. On the BSE counter, so far, 143,000 shares are traded, when compared with its two-week daily average volume of 55,000 shares.

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