Finolex Industries is currently trading at Rs. 512.00, up by 22.05 points or 4.50% from its previous closing of Rs. 489.95 on the BSE.
The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 515.00 and Rs. 503.00 respectively. So far 7752 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 515.00 on 06-Feb-2017 and a 52 week low of Rs. 273.60 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 515.00 and Rs. 459.75 respectively. The current market cap of the company is Rs. 6353.68 crore.
The promoters holding in the company stood at 52.47%, while Institutions and Non-Institutions held 12.65% and 34.53% respectively.
Finolex Industries has reported 69.53% rise in its net profit at Rs 71.95 crore for the quarter ended December 31, 2016 as compared to Rs 42.44 crore for the same quarter in the previous year. Total income of the company increased by 5.92% at Rs 665.29 crore for the quarter under review as compared Rs 628.13 crore for the corresponding quarter previous year.
The company manufactures PVC-U pipes and fittings, prominently in agriculture and also in non-agriculture sector including housing, telecom, construction and industries.