Net profit of NOCIL rose 46.08% to Rs 34.62 crore in the quarter ended June 2017 as against Rs 23.70 crore during the previous quarter ended June 2016. Sales rose 11.44% to Rs 214.81 crore in the quarter ended June 2017 as against Rs 192.76 crore during the previous quarter ended June 2016.

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The result was announced during market hours today, 27 July 2017.

The stock had risen 8.79% in six sessions to current price from a close of Rs 123.65 on 19 July 2017.

Meanwhile, the S&P BSE Sensex was up 105.68 points, or 0.33% at 32,488.14. The S&P BSE Small-cap index was down 81.03 points, 0.5% at 16,017.61.

A spurt in volumes was witnessed on the counter. On the BSE, 13.41 lakh shares were traded on the counter so far as against the average daily volumes of 2.78 lakh shares in the past one quarter. The stock had hit a high of Rs 144.20 so far during the day, which is also a record high. The stock had hit a low of Rs 128.15 so far during the day. The stock had hit a 52-week low of Rs 53.25 on 3 August 2016.

The stock had outperformed the market over the past one month till 26 July 2017, gaining 18.44% compared with the Sensex's 4% rise. The stock had also outperformed the market over the past one quarter, rising 26.94% as against the Sensex's 7.46% rise. The scrip had also outperformed the market over the past one year, surging 127.53% as against the Sensex's 15.75% rise.

The small-cap company has equity capital of Rs 164.14 crore. Face value per share is Rs 10.

Nocil manufactures basic organic chemicals.

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NOCIL will hold a meeting of the Board of Directors of the Company on 27 July 2017, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th June, 2017.

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NOCIL has allotted 304,525 equity shares under ESOP on 22 May 2017.

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