MUMBAI, Oct 21 (Business Standard): Kalyani Steel has surged 8 per cent to Rs 156,extending its previous day's 6 per cent rally on BSE, after reporting a robust 92 per cent year-on-year (yoy) jump in net profit at Rs 227.8 million for the quarter ended September 2014 (Q2), due to higher operational income.
The company had reported a net profit of Rs 118.3 million in the corresponding quarter last fiscal, it said in a statement.
The total income of the company during the quarter increased to Rs 3.15 billion from Rs 2.47 billion a year ago.
The stock opened at Rs 146 and touched a 52-week high of Rs 159 on BSE. The counter has seen huge trading volumes with a combined 2.43 million shares changed hands so far against an average sub 1 million shares that were traded daily in past two weeks on NSE and BSE.
Kalyani Steels hits 52-week high
FE Team | Published: October 22, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
Share if you like