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JVL Agro Industries jumps 13% in three days on stock-split plan
(12:32, 03 Sep 2010)

Meanwhile, the BSE Sensex was up 11.49 points, or 0.06% at 18,249.80.

On BSE, 65,322 shares were traded in the counter as against an average daily volume of 1.73 lakh shares in the past one quarter. The scrip is not listed on NSE.

The stock hit a high of Rs 418.30 and a low of Rs 401 so far during the day. The stock had hit a record high of Rs 454.30 on 25 August 2010 and a 52-week low of Rs 90 on 4 November 2009.

The stock has risen 12.88% in just three trading sessions from a recent low of Rs 361.40 on 31 August 2010, boosted by the company's announcement that the board will consider stock split.

The small-cap stock outperformed the market over the past one month till 2 September 2010, surging 44.09% as compared to the Sensex's return of 0.87%. It had also outperformed the market in the past one quarter, soaring 53.05% as compared to the Sensex's return of 8.94%.

The company has an equity capital of Rs 12.84 crore. Face value per share is Rs 10.

JVL Agro Industries' net profit soared 74.8% to Rs 11.01 crore on 97.1% jump in net sales to Rs 469.12 crore in Q1 June 2010 over Q1 June 2009.

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