Net profit of Finolex Industries declined 34.82% to Rs 73.17 crore in the quarter ended June 2019 as against Rs 112.26 crore during the previous quarter ended June 2018. Sales rose 14.01% to Rs 943.81 crore in the quarter ended June 2019 as against Rs 827.85 crore during the previous quarter ended June 2018.

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Finolex Industries will hold a meeting of the Board of Directors of the Company on 10 August 2019.

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Natco Pharma Ltd, NHPC Ltd, Gujarat Mineral Development Corporation Ltd, Carborundum Universal Ltd are among the other stocks to see a surge in volumes on NSE today, 28 May 2019.

Finolex Industries Ltd notched up volume of 4.05 lakh shares by 14:19 IST on NSE, a 9.73 fold spurt over two-week average daily volume of 41637 shares. The stock rose 0.07% to Rs.494.00. Volumes stood at 1.96 lakh shares in the last session.

Natco Pharma Ltd registered volume of 11.58 lakh shares by 14:19 IST on NSE, a 9.7 fold spurt over two-week average daily volume of 1.19 lakh shares. The stock rose 0.07% to Rs.525.30. Volumes stood at 2.16 lakh shares in the last session.

NHPC Ltd notched up volume of 239.78 lakh shares by 14:19 IST on NSE, a 6.81 fold spurt over two-week average daily volume of 35.19 lakh shares. The stock rose 8.05% to Rs.25.50. Volumes stood at 31.89 lakh shares in the last session.

Gujarat Mineral Development Corporation Ltd registered volume of 13.21 lakh shares by 14:19 IST on NSE, a 6.24 fold spurt over two-week average daily volume of 2.12 lakh shares. The stock rose 3.38% to Rs.82.70. Volumes stood at 6.7 lakh shares in the last session.

Carborundum Universal Ltd witnessed volume of 8.2 lakh shares by 14:19 IST on NSE, a 6.19 times surge over two-week average daily volume of 1.32 lakh shares. The stock increased 1.38% to Rs.380.80. Volumes stood at 2.77 lakh shares in the last session.

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Net profit of Finolex Industries declined 24.44% to Rs 91.39 crore in the quarter ended March 2019 as against Rs 120.95 crore during the previous quarter ended March 2018. Sales rose 19.17% to Rs 964.24 crore in the quarter ended March 2019 as against Rs 809.13 crore during the previous quarter ended March 2018.

For the full year,net profit rose 17.17% to Rs 349.80 crore in the year ended March 2019 as against Rs 298.54 crore during the previous year ended March 2018. Sales rose 12.91% to Rs 3091.32 crore in the year ended March 2019 as against Rs 2737.79 crore during the previous year ended March 2018.

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