Trident Ltd, Sadbhav Engineering Ltd, J B Chemicals & Pharmaceuticals Ltd, Jagran Prakashan Ltd are among the other stocks to see a surge in volumes on NSE today, 10 July 2018.

HSIL Ltd notched up volume of 5.47 lakh shares by 14:14 IST on NSE, a 22.77 fold spurt over two-week average daily volume of 24012 shares. The stock rose 1.73% to Rs.364.75. Volumes stood at 49155 shares in the last session.

Trident Ltd witnessed volume of 31.04 lakh shares by 14:14 IST on NSE, a 12.11 times surge over two-week average daily volume of 2.56 lakh shares. The stock increased 11.51% to Rs.61.05. Volumes stood at 3.86 lakh shares in the last session.

Sadbhav Engineering Ltd saw volume of 10.1 lakh shares by 14:14 IST on NSE, a 5.58 fold spurt over two-week average daily volume of 1.81 lakh shares. The stock increased 6.84% to Rs.299.15. Volumes stood at 5.72 lakh shares in the last session.

J B Chemicals & Pharmaceuticals Ltd clocked volume of 2.24 lakh shares by 14:14 IST on NSE, a 4.25 times surge over two-week average daily volume of 52760 shares. The stock gained 2.16% to Rs.255.50. Volumes stood at 81338 shares in the last session.

Jagran Prakashan Ltd clocked volume of 1.92 lakh shares by 14:14 IST on NSE, a 4.09 times surge over two-week average daily volume of 46789 shares. The stock lost 1.75% to Rs.132.25. Volumes stood at 37748 shares in the last session.

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Net profit of HSIL declined 22.24% to Rs 23.91 crore in the quarter ended March 2018 as against Rs 30.75 crore during the previous quarter ended March 2017. Sales rose 8.07% to Rs 640.54 crore in the quarter ended March 2018 as against Rs 592.71 crore during the previous quarter ended March 2017.

For the full year,net profit declined 27.44% to Rs 74.75 crore in the year ended March 2018 as against Rs 103.02 crore during the previous year ended March 2017. Sales rose 10.10% to Rs 2284.51 crore in the year ended March 2018 as against Rs 2074.98 crore during the previous year ended March 2017.

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HSIL announced that the Board of Directors of the Company at its meeting held on 30 May 2018, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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HSIL announced that Care Ratings (CARE) has reviewed the rating on the Long Term Bank Facilities of Rs.468.33 crore (enhanced from Rs.432.58 crore) of the Company and assigned/retained the CARE AA- (Double A Minus) (Credit watch with developing implications).

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