Shriram EPC hit the 20% upper circuit at Rs 24.35 on NSE thanks to turnaround results.
The company, which provides end-to-end solutions in the engineering space, announced after trading hours on Thursday that it posted consolidated net profit of Rs 13.62 crore in the quarter ended September 2017, as against net loss of Rs 21.95 crore in the corresponding quarter of the previous financial year.
Shriram EPC's consolidated net sales (Rs 218.69 crore) surged 173.1% in the July - September 2017 quarter, compared to year-ago quarter.
On BSE, the Shriram EPC counter has recorded a volume of 6.41 lakh shares so far in the session, as against average daily volume of 53,141 shares.
The stock, which is still some way off its 52-week high of Rs 34. , shed nearly 6% in the past three months, and nearly 37% over the past twelve months.
Shriram EPC, a US $240 million company, offers multi disciplinary design, engineering, procurement, construction and project management services. The company is focused on providing turnkey solutions in Process & Metallurgy, power, water infrastructure and mining & mineral processing segments.
Ausom Enterprise, Motor & General Finance and Future Market Networks also remain firmly locked at 20% upper limits at present.
Ausom Enterprise has hit the 20% upper circuit, vaulting to Rs 73.05, a new 52-week high. On the National Stock Exchange, the Ausom counter has clocked a volume of about 1.95 lakh shares today.
The share price of Motor & General Finance Limited spurted to a new 52-week high of Rs 54.10 on the National Stock Exchange. Nearly 87,000 shares changed hands on NSE today.
Future Market Networks jumped 20% to 199.75, a new high as well. On NSE, the counter clocked a volume of nearly 2.61 lakh shares today.
