Hot Pursuit     17-Jul-17
Bhansali Engg hits record high after stellar Q1 earnings
Bhansali Engineering Polymers jumped 8.63% to Rs 80.55 at 9:54 IST on BSE after net profit spurted 110.7% to Rs 16.88 crore on 52.3% increase in net sales to Rs 224.03 crore in Q1 June 2017 over Q1 June 2016.

The result was announced after market hours on Friday, 14 July 2017.

Meanwhile, the S&P BSE Sensex was up 90.93 points, or 0.28% at 32,111.68. The S&P BSE Small-Cap index was up 4.45 points, or 0.03% at 15,912.46.

On the BSE, 15.34 lakh shares were traded on the counter so far as against the average daily volumes of 10.94 lakh shares in the past one quarter. The stock had hit a high of Rs 82.25 so far during the day, which is also its record high. The stock hit a low of Rs 76.25 so far during the day. The stock had hit a 52-week low of Rs 18.95 on 29 September 2016.

The stock had outperformed the market over the past one month till 14 July 2017, advancing 43.15% compared with the Sensex's 2.78% rise. The scrip had also outperformed the market over the past one quarter gaining 95.9% as against the Sensex's 8.69% rise. The scrip had also outperformed the market over the past one year advancing 227.37% as against the Sensex's 14.6% rise.

The small-cap company has equity capital of Rs 16.59 crore. Face value per share is Rs 1.

Bhansali Engineering Polymers is a vertically integrated petrochemical company that manufactures acrylonitrile butadiene styrene (ABS) which acts as a raw material for leading companies dealing in automobiles, home appliances, telecommunications, luggage, bus body and various other applications.

Previous News
  Bhansali Engineering Polymers fixes record date for interim dividend
 ( Market Beat - Reports 23-Oct-23   13:44 )
  Bhansali Engineering Polymers consolidated net profit rises 16.95% in the September 2023 quarter
 ( Results - Announcements 23-Oct-23   08:40 )
  Bhansali Engineering Polymers consolidated net profit rises 1998.72% in the March 2021 quarter
 ( Results - Announcements 19-Apr-21   11:06 )
  Board of Bhansali Engineering Polymers recommends second interim dividend
 ( Corporate News - 23-Oct-23   13:38 )
  Bhansali Engineering Polymers AGM scheduled
 ( Corporate News - 20-Apr-24   16:32 )
  Bhansali Engineering Polymers schedules AGM
 ( Corporate News - 19-Apr-21   11:49 )
  Board of Bhansali Engineering Polymers recommends final dividend
 ( Corporate News - 19-Apr-21   11:49 )
  BEPL spurts as board OKs allotment of bonus shares
 ( Hot Pursuit - 12-Jul-23   11:26 )
  Bhansali Engineering Polymers fixes record date for dividend
 ( Market Beat - Reports 19-Apr-21   09:22 )
  Bhansali Engineering Polymers fixes record date for final dividend
 ( Market Beat - Reports 20-Apr-24   14:33 )
  Bhansali Engineering Polymers expands ABS capacity to 100 KTPA
 ( Corporate News - 04-Apr-18   17:40 )
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