Hindustan Composites announced that Acuite Ratings and Research has reaffirmed the credit ratings of the company as follows:

Long term instruments - Acuite A-/Stable
Short term instruments - Acuite A2+

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Net profit of Hindustan Composites rose 59.15% to Rs 4.87 crore in the quarter ended December 2020 as against Rs 3.06 crore during the previous quarter ended December 2019. Sales rose 17.16% to Rs 51.27 crore in the quarter ended December 2020 as against Rs 43.76 crore during the previous quarter ended December 2019.

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Hindustan Composites will hold a meeting of the Board of Directors of the Company on 9 February 2021.

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Commercial Syn Bags Ltd, Autolite (India) Ltd, Agarwal Industrial Corporation Ltd and Centrum Capital Ltd are among the other gainers in the BSE's 'B' group today, 12 January 2021.

Hindustan Composites Ltd surged 20.00% to Rs 352.25 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 56389 shares were traded on the counter so far as against the average daily volumes of 3787 shares in the past one month.

Commercial Syn Bags Ltd soared 19.99% to Rs 98.75. The stock was the second biggest gainer in 'B' group. On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 16373 shares in the past one month.

Autolite (India) Ltd spiked 19.90% to Rs 34.95. The stock was the third biggest gainer in 'B' group. On the BSE, 65880 shares were traded on the counter so far as against the average daily volumes of 8000 shares in the past one month.

Agarwal Industrial Corporation Ltd exploded 17.99% to Rs 152.8. The stock was the fourth biggest gainer in 'B' group. On the BSE, 45124 shares were traded on the counter so far as against the average daily volumes of 8533 shares in the past one month.

Centrum Capital Ltd spurt 14.86% to Rs 25.5. The stock was the fifth biggest gainer in 'B' group. On the BSE, 11.32 lakh shares were traded on the counter so far as against the average daily volumes of 2.43 lakh shares in the past one month.

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