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BCL Industries hits roof on fund buying Back
(15:00, 21 Nov 2017)
Meanwhile, the S&P BSE Sensex was up 119.82 points, or 0.36% to 33,479.72.

On the BSE, 2.17 lakh shares were traded in the counter so far, compared with average daily volumes of 23,804 shares in the past one quarter. The stock opened with an upward gap of 5% at Rs 115.35 and remained stuck at that level so far. The stock hit a 52-week low of Rs 33.70 on 22 December 2016.

The stock had outperformed the market over the past 30 days till 20 November 2017, rising 8.38% compared with 2.99% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 39.11% as against Sensex's 6.61% rise. The scrip had also outperformed the market in past one year, rising 233.03% as against Sensex's 29.48% rise.

The small-cap company has equity capital of Rs 14.15 crore. Face value per share is Rs 10.

EQ India Fund purchased 4.50 lakh shares (3.18% stake), Om Prakash Chugh purchased 75,000 shares (0.53% stake) and Porinjuv Veliyath purchased 2 lakh shares (1.41% stake) in BCL Industries & Infrastructures at Rs 109.90 per share respectively via separate bulk deals on BSE yesterday, 20 November 2017.

Sarva Priya Exports sold 11 lakh shares (7.77% stake) at Rs 109.90 per share in BCL Industries & Infrastructures via bulk deal on BSE yesterday, 20 November 2017.

As on 30 September 2017, Sarva Priya Exports held 19 lakh shares (13.43% stake) in the company.

Net profit of BCL Industries & Infrastructures rose 66.4% to Rs 4.36 crore on 64.1% rise in net sales to Rs 215.36 crore in Q2 September 2017 over Q2 September 2016.

BCL Industries & Infrastructure is engaged in the business of edible oils, distilleries and real estate.

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