Sharda Cropchem surges on reporting 2-fold leap in Q3 consolidated net profit

Sharda Cropchem surges on reporting 2-fold leap in Q3 consolidated net profit

by admin- Friday, January 25th, 2019 04:07:01 PM

Sharda Cropchem is currently buying and selling at Rs. 305.Eighty, up by 3.Forty points or 1.12% from its preceding final of Rs. 302.Forty at the BSE.

The scrip opened at Rs. 305.15 and has touched a high and coffee of Rs. 305.Eighty and Rs. Three hundred.00 respectively. So some distance 1904 shares had been traded on the counter.

The BSE group ‘A’ inventory of face fee Rs. 10 has touched a 52 week excessive of Rs. 464.Forty on 14-May-2018 and a fifty two week low of Rs. 259.Ninety five on eleven-Dec-2018.

Last one week high and coffee of the scrip stood at Rs. 319.Sixty five and Rs. 290.00 respectively. The modern-day market cap of the agency is Rs. 2728.27 crore.

The promoters keeping in the enterprise stood at 74.Seventy eight%, whilst Institutions and Non-Institutions held 21.Sixty four% and three.Fifty eight% respectively.

Sharda Cropchem has suggested a fall of eighty four.45% in its internet income at Rs five.Forty eight crore for the area ended December 31, 2018 in comparison to Rs 35.23 crore for the equal sector inside the previous yr. However, general profits of the agency expanded by using 18.Fifty three% at Rs 347.Ninety one crore for Q3FY19 as compared Rs 293.Fifty one crore for the corresponding sector previous year.

On the consolidated foundation, the employer has reported a 2-fold jump in its net earnings at Rs 20.30 crore for the quarter underneath assessment as compared to Rs 9.Ninety one crore for the equal quarter within the previous 12 months. Total earnings of the business enterprise improved by using forty five.06% at Rs 476.05 crore for Q3FY19 compared Rs 328.18 crore for the corresponding quarter preceding yr.

News Updates