Net profit of Schaeffler India rose 13.49% to Rs 61.26 crore in the quarter ended June 2018 as against Rs 53.98 crore during the previous quarter ended June 2017. Sales rose 12.13% to Rs 514.92 crore in the quarter ended June 2018 as against Rs 459.22 crore during the previous quarter ended June 2017.

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Persistent Systems Ltd, Inox Leisure Ltd, Trent Ltd, HDFC Standard Life Insurance Company Ltd are among the other stocks to see a surge in volumes on BSE today, 12 July 2018.

Schaeffler India Ltd notched up volume of 5006 shares by 10:47 IST on BSE, a 24.54 fold spurt over two-week average daily volume of 204 shares. The stock slipped 0.84% to Rs.5,500.00. Volumes stood at 66 shares in the last session.

Persistent Systems Ltd registered volume of 3.06 lakh shares by 10:47 IST on BSE, a 12.37 fold spurt over two-week average daily volume of 24768 shares. The stock slipped 0.30% to Rs.841.50. Volumes stood at 1.78 lakh shares in the last session.

Inox Leisure Ltd recorded volume of 2 lakh shares by 10:47 IST on BSE, a 8.44 times surge over two-week average daily volume of 23709 shares. The stock lost 0.97% to Rs.255.15. Volumes stood at 2434 shares in the last session.

Trent Ltd notched up volume of 70180 shares by 10:47 IST on BSE, a 5.21 fold spurt over two-week average daily volume of 13482 shares. The stock rose 1.50% to Rs.356.40. Volumes stood at 28597 shares in the last session.

HDFC Standard Life Insurance Company Ltd witnessed volume of 2.2 lakh shares by 10:47 IST on BSE, a 3.53 times surge over two-week average daily volume of 62302 shares. The stock increased 1.62% to Rs.476.65. Volumes stood at 54707 shares in the last session.

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The Board of Schaeffler India has appointed Juergen Ziegler [DIN: 07092477] as an Additional Director of the Company w.e.f 18 April 2018.

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Net profit of Schaeffler India rose 14.87% to Rs 66.03 crore in the quarter ended March 2018 as against Rs 57.48 crore during the previous quarter ended March 2017. Sales rose 13.00% to Rs 521.19 crore in the quarter ended March 2018 as against Rs 461.24 crore during the previous quarter ended March 2017.

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