Alankit share price witnessed a massive surge of more than 8 per cent in the day’s trade.
The company earlier said it has fixed 16 December 2016 as the record date for 2 for 1 stock split.
The announcement was made during market hours today, 28 November 2016.
The small-cap company has equity capital of Rs 14.30 crore. Face value per share is Rs 2.
Alankit's net profit jumped 121.6 per cent to Rs 1.64 crores on 594.8 per cent growth in total income to Rs 18.62 crores in Q2 September 2016 over Q2 September 2015.
Alankit has interests in e-governance, financial services, health care and insurance broking services.
Alankit share price is currently trading at Rs 58.00 at 3.25 PM, up by 8.92 per cent or 4.75 points. A total of 12,09,369 shares of the company have been traded on the counter of NSE aggregating to a total value of Rs 680.75 lacs.
The stock hit a high of Rs 61.00 and a low of Rs 53.20 so far during the day. The stock had hit a record high of Rs 85.40 on 20thOctober 2016. The stock had hit a 52-week low of Rs 23.18 on 9th December 2015. The stock had under performed the market over the past one month till 25 November 2016, declining 28.78 per cent compared with the Sensex's 6.32 per cent fall. The scrip had also under performed the market in past one quarter, sliding 28.56 per cent as against the Sensex's 5.46 per cent fall.
Alankit is one of the top 500 stocks recommended by the research and analysis team of Dynamic Levels out of all the 1700 plus NSE stocks at the end of every quarter based on the strong fundamentals.Get the historical share price performance of Alankit at Alankit share price history.
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