Pincon Spirit surged 7.03% to Rs 76.15 at 14:03 IST on BSE after net profit spurted 110.14% to Rs 15.13 crore on 97.36% increase in income from operations to Rs 489.97 crore in Q4 March 2017 over Q4 March 2016.
The result was announced during market hours today, 22 May 2017.
Meanwhile, the S&P BSE Sensex was up 135.54 points, or 0.44% at 30,600.46. The S&P BSE Small-cap index was down 73.87 points, 0.49% at 15,153.20.
High volumes were witnessed on the counter. On the BSE, 5.27 lakh shares were traded on the counter so far as against the average daily volumes of 1.30 lakh shares in the past one quarter. The stock had hit a high of Rs 77.90 and a low of Rs 71.30 so far during the day.
The stock had hit a record high of Rs 89.40 on 25 July 2016 and hit a 52-week low of Rs 54.85 on 21 November 2016. The stock had outperformed the market over the past one month till 19 May 2017, advancing 9.13% compared with the Sensex's 3.85% rise. The scrip had also outperformed the market over the past one quarter advancing 8.71% as against the Sensex's 7.01% rise.
The small-cap company has equity capital of Rs 44.09 crore. Face value per share is Rs 10.
Pincon Spirit is a liquor company. The company is engaged in carrying on the business of blending, bottling and wholesale distribution of Indian made foreign liquor (IMFL) and Indian made Indian liquor (IMIL). In the FMCG space, the company is engaged in the manufacture of edible oils.
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