Omkar Speciality Chemicals jumped 4.43% to Rs 91.85 at 10:11 IST on BSE, with the stock extending Wednesday's rally triggered by the company reporting good Q1 June 2017 results.
Meanwhile, the S&P BSE Sensex was up 76.46 points, or 0.24% at 31,847.35. The S&P BSE Small-Cap index was up 136.71 points, or 0.88% at 15,748.39.
On the BSE, 21,000 shares were traded on the counter so far as against the average daily volumes of 88,359 shares in the past one quarter. The stock had hit a high of Rs 91.85 and a low of Rs 88.35 so far during the day. The stock had hit a 52-week high of Rs 120.05 on 14 July 2017 and a 52-week low of Rs 63.13 on 9 November 2016.
The stock had underperformed the market over the past one month till 16 Aug 2017, declining 24.21% compared with the Sensex's 0.78% fall. The scrip had also underperformed the market over the past one quarter declining 6.83% as against the Sensex's 3.89% rise. The scrip had, however, outperformed the market over the past one year advancing 17.72% as against the Sensex's 13.21% rise.
The small-cap company has equity capital of Rs 20.58 crore. Face value per share is Rs 10.
Shares of Omkar Speciality Chemicals have rallied 20.93% in the three trading sessions from its close of Rs 75.95 on 11 August 2017, after the company after market hours on Monday, 14 August 2017 reported good Q1 June 2017 results. The stock had surged 9.19% to settle at Rs 87.95 yesterday, 16 August 2017.
Omkar Speciality Chemicals's net profit rose 37.6% to Rs 7.65 crore on 6.7% increase in net sales to Rs 85.95 crore in Q1 June 2017 over Q1 June 2016.
Omkar Speciality Chemicals is primarily engaged in the manufacture and sale of specialty chemicals and intermediates for chemical and allied industries.
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