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Ramky Infra spurts over 30% in four trading sessions

Date : 20 Mar 2017 - 15:00

 

Meanwhile, the S&P BSE Sensex was down 151.88 points, or 0.51% to 29,497.11. The S&P BSE Small-Cap index was up 46.21 points, or 0.33% to 14,058.84.

On the BSE, 4.35 lakh shares were traded in the counter so far, compared with average daily volumes of 15,780 shares in the past one quarter. The stock had hit a high of Rs 106.70 so far during the day, which is also 52-week high for the counter. The stock had hit a low of Rs 88.65 so far during the day. The stock hit a 52-week low of Rs 51.80 on 18 November 2016.

The stock had outperformed the market over the past one month till 17 March 2017, rising 11.05% compared with 4.76% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 36.53% as against Sensex`s 11.93% rise.

The small-cap company has equity capital of Rs 57.20 crore. Face value per share is Rs 10.

Shares of Ramky Infrastructure have risen 33.13% in four trading sessions from its close of Rs 80.15 on 14 March 2017.

Ramky Infrastructure reported net profit of Rs 27.63 crore in Q3 December 2016 as against net loss of Rs 10.43 crore in Q3 December 2015. Net sales rose 9.20% to Rs 373.25 crore in Q3 December 2016 over Q3 December 2015.

Ramky Infrastructure is an integrated construction, infrastructure development and management company in India.

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