Atul stock surges 3%: Q2 net profit surges 3%

The company reported standalone net profit at Rs. 84.46 crore for the quarter, registering increase of 42.98% yoy

Atul Ltd stock was higher by 3% at Rs. 1722. The company reported standalone net profit at Rs. 84.46 crore for the quarter, registering increase of 42.98% yoy. 

The scrip opened at Rs. 1700 and has touched a high and low of Rs. 1785 and Rs. 1699.8 respectively. So far 90235(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 4948.77 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1701 on 30-Oct-2015 and a 52 week low of Rs. 1034.35 on 26-Mar-2015. Last one week high and low of the scrip stood at Rs. 1701 and Rs. 1530.3 respectively.

The promoters holding in the company stood at 50.83 % while Institutions and Non-Institutions held 20.43 % and 28.73 % respectively.

The stock is currently trading below its 50 DMA.