Pioneer Embroideries net profit at Rs 3.81 cr;stk up

MUMBAI: Pioneer Embroideries reported net profit of Rs 3.81 crores for the quarter ended December 2010 against loss of Rs 4.67 crores in the same quarter previous fiscal. Total incomes rose to Rs 46.84 crores from Rs 36.82 crores in the same quarter a year ago.

The stock was at Rs 21.45, up 6.98 per cent on the NSE. It touched a high of Rs 22.10 and low of Rs 21 in trade so far on low volume of 5228 shares.