FAG (India) bearing company shares hit a record high

In March 2011, FAG (India) Bearing Company announced that its first-quarter net profit rose sharply by 90.83% compared with the same period in 2010 to Rs. 428.8 million and net increase of 30.15% to Rs 30.707. Then, as of 15:25 of India's standard time, FAG Bearings (India) BSE index soared by 7.02% to Rs. 1011. The company announced its results on April 21, 2011 at the trading day.

At the same time, the BSE Sensitive Index rose 129.25 points, or up 0.66% to 19,600.23.

According to the BSE index, the company's turnover was 18,876 shares, compared to an average of 3,094 shares in the first quarter of last year.

The company has a share capital of 166.2 million rupees. The face value of each stock is 10 rupees.

As of the end of the day, the company's stock reached a maximum of 1024 rupees, reaching a new high. The lowest is 928 rupees on that day. The company's stock hit a 52-week low of 508.10 rupees on June 9, 2010.

As of April 20, 2011, the stock price of the company's medium-sized stocks has performed more prominently than in the past month, rising by 19.63%, compared with a return rate of 8.91% for the sensitive index. The company’s stock also had an outstanding performance of 15.13% in the first quarter of last year, compared with a 2.23% return on the sensitive index.