| Hot Pursuit | Friday, July 20, 2012 15:10 Hrs IST |
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United Phosphorus gains after Q1 results United Phosphorus rose 1.01% to Rs 124.50 at 15:09 IST on BSE after consolidated net profit rose 10.09% to Rs 202.91 crore on 19.66% growth in net sales to Rs 2180.34 crore in Q1 June 2012 over Q1 June 2011.
The company announced the results during trading hours today, 20 July 2012. Meanwhile, the BSE Sensex was down 109.99 points or 0.64% to 17,168.86. On BSE, 2.94 lakh shares were traded in the counter as against average daily volume of 1.82 lakh shares over the past one quarter. The stock hit a high of Rs 127 and a low of Rs 122.10 so far during the day. The stock had hit a 52-week high of Rs 170.60 on 1 August 2011. The stock had hit a 52-week low of Rs 105 on 4 June 2012. The mid-cap stock had outperformed the market over the past one month till 19 July 2012, surging 9.02% compared with the Sensex's 2.49% rise. The scrip had, however, underperformed the market in past one quarter, declining 3.6% as against Sensex's 1.28% fall. The company has an equity capital of Rs 92.36 crore. Face value per share is Rs 2. United Phosphorus is a global generic crop protection, chemicals and seeds company.
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