Stocks

Good Q3 results lift Whirlpool by over 8% on BSE

PTI Mumbai | Updated on February 03, 2011

Shares of consumer electronics major Whirlpool soared by over 8 per cent on the Bombay Stock Exchange.   -  The Hindu

Shares of consumer electronics major Whirlpool soared by over 8 per cent on the Bombay Stock Exchange (BSE) today, as investors cheered the jump of 49.13 per cent in its net profit for the quarter ended December 31, 2010.

The stock edged higher by 8.44 per cent to touch a high of Rs 235.05 on the BSE.

On the National Stock Exchange, Whirlpool’s shares zoomed 9.3 per cent to Rs 238.50.

In terms of volume, over 13 lakh shares of the company were traded on the two bourses.

The company today posted a net profit of Rs 24.10 crore in the October-December quarter as compared with Rs 16.16 crore in the same period last year, Whirlpool said in a filing to the BSE.

Published on February 03, 2011

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