Mcleod Russel India Ltd gained 5.22% today to trade at Rs 109.95. The S&P BSE FMCG Sector index is up 0.77% to quote at 11773.7. The index is up 1.15 % over last one month. Among the other constituents of the index, Tata Coffee Ltd increased 3.74% and G M Breweries Ltd added 3.06% on the day. The S&P BSE FMCG Sector index went up 7.08 % over last one year compared to the 0.09% fall in benchmark SENSEX.

Mcleod Russel India Ltd has lost 4.56% over last one month compared to 1.15% gain in S&P BSE FMCG Sector index and 1.86% rise in the SENSEX. On the BSE, 9392 shares were traded in the counter so far compared with average daily volumes of 7562 shares in the past one month. The stock hit a record high of Rs 185.1 on 23 Jan 2018. The stock hit a 52-week low of Rs 104.1 on 23 Jan 2019.

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Net profit of Mcleod Russel India rose 80.42% to Rs 258.94 crore in the quarter ended September 2018 as against Rs 143.52 crore during the previous quarter ended September 2017. Sales declined 4.82% to Rs 446.06 crore in the quarter ended September 2018 as against Rs 468.63 crore during the previous quarter ended September 2017.

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McLeod Russel announced that the company has undertaken buyback for an amount not exceeding Rs 1000000000 and at a price not exceeding Rs 210 per equity share. During the course of buyback for the month of October 31, 2018, the company has extinguished 1216934 equity shares in dematerialized form subject to the said 1216934 equity shares held in demat form have been extinguished specified in SEBI.

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Mcleod Russel India will hold a meeting of the Board of Directors of the Company on 12 November 2018.

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