BF Utilities has zoomed over 15% at Rs 611 on the BSE after the company informed that a meeting of the Board of Directors of the company will be held on February 14, 2015 to consider consolidated audited financial results of the company for the year ended September 30, 2014.
Further, as per the company’s code of conduct for prevention of insider trading, the trading window for dealing in the securities of the company is closed for all directors and designated personnel from February 04, 2015 till February 16, 2015 (both days inclusive).
The company has posted a net (loss) of Rs. (27.128) million for the quarter ended December 31, 2014 as compared to Net Profit of Rs. 7.526 million for the quarter ended December 31, 2013.
Total income has decreased from Rs. 58.008 million for the quarter ended December 31, 2013 to Rs. 17.302 million for the quarter ended December 31, 2014.
The stock opened at Rs 536 and touched a high of Rs 614 on the BSE. Nearly 15,00,000 shares changed hands on the counter till 1145 hours on the NSE and BSE.