The Board of Carborundum Universal has appointed Soundara Kumar (DIN: 01974515) as an Additional Director of theCompany in the capacity of an Independent Woman Director of the Company with effect from 3 August 2019 subject to the approval of the shareholders.

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Net profit of Carborundum Universal declined 16.05% to Rs 52.77 crore in the quarter ended June 2019 as against Rs 62.86 crore during the previous quarter ended June 2018. Sales rose 6.04% to Rs 663.58 crore in the quarter ended June 2019 as against Rs 625.79 crore during the previous quarter ended June 2018.

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Carborundum Universal will hold a meeting of the Board of Directors of the Company on 31 July 2019.

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TTK Prestige Ltd, PTC India Ltd, Endurance Technologies Ltd, Union Bank of India are among the other stocks to see a surge in volumes on BSE today, 15 May 2019.

Carborundum Universal Ltd clocked volume of 6.75 lakh shares by 10:49 IST on BSE, a 233.38 times surge over two-week average daily volume of 2891 shares. The stock gained 4.51% to Rs.368.45. Volumes stood at 1688 shares in the last session.

TTK Prestige Ltd witnessed volume of 730 shares by 10:49 IST on BSE, a 4.35 times surge over two-week average daily volume of 168 shares. The stock increased 6.95% to Rs.7,314.20. Volumes stood at 258 shares in the last session.

PTC India Ltd saw volume of 57559 shares by 10:49 IST on BSE, a 3.26 fold spurt over two-week average daily volume of 17644 shares. The stock increased 0.22% to Rs.68.15. Volumes stood at 15080 shares in the last session.

Endurance Technologies Ltd clocked volume of 2200 shares by 10:49 IST on BSE, a 2.92 times surge over two-week average daily volume of 754 shares. The stock gained 2.89% to Rs.1,175.00. Volumes stood at 500 shares in the last session.

Union Bank of India saw volume of 13.89 lakh shares by 10:49 IST on BSE, a 2.9 fold spurt over two-week average daily volume of 4.78 lakh shares. The stock dropped 9.34% to Rs.71.85. Volumes stood at 8.62 lakh shares in the last session.

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