Hindustan Composites briefly breached the 20% UC at Rs.1908 to now rule at Rs.1775 levels, up some 12%. Volumes have risen over 34 times.

The stock price has reacted to the company’s call for a Board meeting on 10^th April to consider and approve a bonus as well as a stock split.

The company had ended Q3FY17 with a good 38% (YoY) jump in net profit on a 26% rise in net sales at Rs.51 crore.