This smallcap stock has surged 17% on 198% jump in net profit
Updated : January 29, 2019 03:10 PM IST
The stock reversed its three-day downtrend, opening with a gain of more than 8 percent at Rs 121.4 on strong buying.
The company's net profit grew by 198 percent in the third quarter to Rs 22.43 crore, from Rs 7.53 crore a year ago.
The small-cap stock from the engineering and industrial equipment sector has returned more than 15 percent in the last one year to investors, while the five-year return is 189 percent.