Shalimar Paints is currently trading at its upper circuit limit of Rs. 444.70, up by 74.10 points or 19.99% from its previous closing of Rs. 370.60 on the BSE.
The scrip opened at Rs. 390.00 and has touched a high and low of Rs. 444.70 and Rs. 390.00 respectively. So far 61080 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 988.00 on 07-Jun-2011 and a 52 week low of Rs. 292.30 on 29-Dec-2011.
Last one week high and low of the scrip stood at Rs. 444.70 and Rs. 352.10 respectively. The current market cap of the company is Rs. 166.08 crore.
The promoters holding in the company stood at 62.36% while Institutions and Non-Institutions held 3.31% and 34.34% respectively.
Shalimar Paints has reported results for fourth quarter ended March 31, 2012
The company has posted a rise of 69.49% in its net profit at Rs 6.00 crore for the quarter ended March 31, 2012 as compared to Rs 3.54 crore for the same period in the previous year. Total income has increased by 14.39% at Rs 148.40 crore for quarter under review as compared to Rs 129.73 crore for the period ended March 31, 2011.
