Cera Sanitaryware Ltd, SRF Ltd, ERIS Lifesciences Ltd, Jindal Stainless (Hisar) Ltd are among the other stocks to see a surge in volumes on NSE today, 14 May 2019.

Solar Industries India Ltd recorded volume of 1.15 lakh shares by 14:18 IST on NSE, a 16 times surge over two-week average daily volume of 7167 shares. The stock gained 0.73% to Rs.1,070.50. Volumes stood at 24573 shares in the last session.

Cera Sanitaryware Ltd saw volume of 22299 shares by 14:19 IST on NSE, a 9 fold spurt over two-week average daily volume of 2478 shares. The stock increased 1.03% to Rs.2,800.05. Volumes stood at 2601 shares in the last session.

SRF Ltd recorded volume of 16.28 lakh shares by 14:19 IST on NSE, a 7.69 times surge over two-week average daily volume of 2.12 lakh shares. The stock gained 4.64% to Rs.2,581.15. Volumes stood at 2.81 lakh shares in the last session.

ERIS Lifesciences Ltd witnessed volume of 34207 shares by 14:19 IST on NSE, a 7.54 times surge over two-week average daily volume of 4536 shares. The stock increased 0.58% to Rs.619.40. Volumes stood at 2620 shares in the last session.

Jindal Stainless (Hisar) Ltd recorded volume of 12.05 lakh shares by 14:19 IST on NSE, a 6.8 times surge over two-week average daily volume of 1.77 lakh shares. The stock lost 1.01% to Rs.78.10. Volumes stood at 2.44 lakh shares in the last session.

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Net profit of Solar Industries India rose 8.61% to Rs 71.55 crore in the quarter ended March 2019 as against Rs 65.88 crore during the previous quarter ended March 2018. Sales rose 16.97% to Rs 672.95 crore in the quarter ended March 2019 as against Rs 575.34 crore during the previous quarter ended March 2018.

For the full year,net profit rose 18.62% to Rs 261.61 crore in the year ended March 2019 as against Rs 220.55 crore during the previous year ended March 2018. Sales rose 28.47% to Rs 2461.57 crore in the year ended March 2019 as against Rs 1916.12 crore during the previous year ended March 2018.

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Net profit of Solar Industries India rose 39.50% to Rs 58.10 crore in the quarter ended March 2019 as against Rs 41.65 crore during the previous quarter ended March 2018. Sales rose 22.46% to Rs 481.60 crore in the quarter ended March 2019 as against Rs 393.27 crore during the previous quarter ended March 2018.

For the full year,net profit rose 42.61% to Rs 191.47 crore in the year ended March 2019 as against Rs 134.26 crore during the previous year ended March 2018. Sales rose 30.63% to Rs 1663.22 crore in the year ended March 2019 as against Rs 1273.27 crore during the previous year ended March 2018.

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Solar Industries India announced that the Board of Directors of the Company at its meeting held on 09 May 2019, has recommended a Final dividend of Rs.7 per share (i.e.350%), subject to the approval of the shareholders.

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