The announcement was made during trading hours today, 24 March 2014.

Meanwhile, the S&P BSE Sensex was up 302.75 points or 1.39% at 22,058.07.

On BSE, so far 18,000 shares were traded in the counter as against average daily volume of 5,060 shares in the past one quarter.

The stock hit a high of Rs 499.50 so far during the day, which is a record high for the counter. The stock hit a low of Rs 472.25 so far during the day. The stock had hit a 52-week low of Rs 134.04 on 22 March 2013.

The stock had outperformed the market over the past one month till 22 March 2014, advancing 21.32% compared with Sensex's 5.09% rise. The scrip had also outperformed the market in past one quarter, jumping 50.02% as against Sensex's 3.2% rise.

The small-cap company has equity capital of Rs 11.24 crore. Face value per share is Rs 2.

Astral Poly Technik (Astral) is the first licensee company of Lubrizol-USA (a company owned by Berkshire Hathway-USA) in India for its Product Blaze Master for fire sprinkler system using CPVC Polymer, the company said in a statement. Indian piping market is predominantly controlled by metallic pipes for fibre sprinkler system so far and Astral will be the first mover in the country for CPVC polymer fire sprinkler solution which will be absolutely free from all shortcomings of metallic pipes such as corrosion, scaling and rusting, Astral said in a statement.

Astral Poly Technik's net profit surged 100.9% to Rs 21.32 crore on 28.4% growth in net sales to Rs 264.96 crore in Q3 December 2013 over Q3 December 2012.

Astral Poly Technik manufactures CPVC plumbing systems for both residential and industrial applications, and also ASTM solvent weld lead free PVC plumbing systems.

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Astral Poly Technik hits record high

Posted on: 6:42 pm, March 19, 2014, by Carter Coyle, updated on: 07:55am, March 20, 2014

HIGH POINT, N.C. High Point Fire Chief Thomas Reid tellsFOX8crews were called to the old Myrtle Desk Furniture Company building two days before the fire broke out there Monday night.

Chief Reid said firefighters responded to problems with a broken sprinkler system and told the owners to get the problem corrected.

He said its hard to tell if the incident was connected to the fire because investigators have not determined a cause yet.

A firefighter was injured working the active structure fire. Chief Reid saidthe manwas doing fine and would only be out of work for a couple of days.

DH Griffin crews were working to stabilize and tear down parts of the building as needed Wednesday afternoon so fire inspectors could continue their investigation into what caused the fire.

Crews were still putting out hot spots at the building on Taylor Avenue Wednesday.

Captain Damon Tobin with the High Point Fire Department said occupied buildings are inspected every three years. If a building is vacant, it is inspected annually.

Somebodys always in there at least once a year to check to see if theres anybody in there or make sure theres no illegal activity going on. So theyre kept up on a regular basis, Captain Tobin explained.

The challenge of keeping up with unoccupied buildings is not isolated to High Point.

See the original post here:
Crews called to warehouse over broken sprinkler system days before fire

Steamboat Springs A deadly kitchen fire In California five years ago is leading to a significant change to the sprinkler code here in Steamboat Springs.

As a response to recent revelations nationwide that some sprinkler systems that use too much antifreeze can actually intensify fires before putting them out, the city of Steamboat Springs is working to pass an ordinance that would keep any more of those systems from being installed here.

Fire Marshal Jay Muhme said the National Fire Protection Association's recent testing on the sprinkler systems has shown that in some rare cases, the antifreeze can pose a significant safety issue.

The testing started in 2009 when a woman in Truckee, Calif., was killed after an antifreeze sprinkler system reportedly intensified a fire on a stove and caused an explosion.

It's hard to believe after this many years, they're just coming out and figuring this out, Muhme said Monday.

There haven't been any incidents with the systems that are used here in Steamboat, Muhme said, but officials want to be proactive and adopt an ordinance that prohibits antifreeze systems from being installed in new buildings and homes.

The city will work to notify property owners who have these systems about the deficiencies and recommend their replacement. They also should get notice during their annual inspections.

Muhme said the change ultimately could force some contractors here to be more creative in designing fire suppression systems for commercial buildings and some homes.

Steamboat Fire Chief Mel Stewart said last week the antifreeze-based sprinkler systems represent a small number of the 300 to 350 sprinkler systems in the city and the local fire district, but the city hasn't had a reason to keep track of them until now.

The common stance was if you came into a community like ours where we have low temperatures, you could put antifreeze in there to try and cover your bases, Muhme said. Most of these systems can be designed to run wet (without antifreeze), you just have to do a lot more engineering to make sure they run on interior walls.

Excerpt from:
City of Steamboat Springs working to ban antifreeze sprinkler systems due to safety concerns

MANCHESTER Ann Marie and Bobby James had just received their dinners while celebrating their 10th wedding anniversary at the Longhorn Steakhouse on South Willow Street.

Before either could lift a fork, though, city police and fire officials abruptly closed the restaurant about 4 p.m. Friday, saying its sprinkler and alarm systems were not working.

"We couldn't even dig in," Ann Marie James said. "As soon as the waitress put our plates on the table, we were told we had to leave."

Hunter Robinson, a spokesman for the restaurant chain, said in a statement that the restaurant "experienced a problem with our fire alarm system today and had some issues trying to resolve it, even with the assistance of the local fire department."

He said the system was repaired later Friday night and that the restaurant would be open today.

"This was a very frustrating day for our Manchester team, who didn't want to disappoint our guests or employees, and we feel badly about the chain of events that occurred. We want to thank the local fire and police departments for their help and patience today," the statement said.

City District Fire Chief Jim Michael said the Fire Prevention Bureau had offered to allow patrons already in the establishment to finish their dinners while a fire truck was parked outside in case of a fire, but a manager refused, saying she wanted to keep the restaurant open for its normal business hours.

"That didn't work out. She didn't want to be shut down," Michael said of the manager. "I guess it was fairly contentious."

Police Sgt. Richard Brennan said no arrests were made.

"They called us because they said the manager was getting out of control," Brennan said. "Officers went there to keep the peace and calm down the manager."

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Diners routed after fire alarm system failure at . restaurant

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