Whirlpool of India witnessed a rise in share price on Friday after it disclosed a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 2.46 times to Rs 407.20 million from Rs 165.40 million in the same quarter last year.
Net sales for the quarter rose 21.14% to Rs 7,445.70 million, compared with Rs 6,146 million for the prior year period.
Shares of the company are trading at Rs 505.00, up Rs 31.35, or 6.62% at the Bombay Stock Exchange (BSE) on Friday at 1:31 p.m.
The scrip has touched an intra-day high of Rs 514.50 and low of Rs 478.95. The total volume of shares traded at the BSE is 148,006.