Wendt (India) was up 2.76% to Rs 2,335 at 11:53 IST on BSE after consolidated net profit rose 26.82% to Rs 2.60 crore on 9.75% growth in total income from operations to Rs 40.73 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours yesterday, 24 April 2017.Meanwhile, the S&P BSE Sensex was up 190.47 points or 0.64% at 29,846.71.
On the BSE, 526 shares were traded on the counter so far as against the average daily volumes of 481 shares in the past two weeks. The stock had hit a high of Rs 2,360 and a low of Rs 2,300 so far during the day. The stock had hit a 52-week high of Rs 2,445 on 21 April 2017 and a 52-week low of Rs 1,666 on 26 December 2016.
Wendt (India)'s board recommended a dividend of Rs 15 per share for the year ended March 2017.
Wendt (India) is a manufacturer of super abrasives, grinding, honing and special purpose machines and components.
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