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Rupa & Company soars over 40% in two days post Q4 results

The stock is currently trading at its record high of Rs 327, surging 44% in the past two trading sessions from Rs 227 on May 21.

SI Reporter Mumbai
Last Updated : May 25 2015 | 1:10 PM IST
Rupa & Company is locked at the upper circuit for the second straight day, up 20% at Rs 327, after reporting a good set of numbers for the fourth quarter ended March 31, 2015 (Q4).

The stock is currently trading at its record high on the BSE, surging 44% in the past two trading sessions from Rs 227 on May 21.

The company, which is engaged in the business of knitted garments ranging from innerwear to casual wear, has reported a 34% year on year (yoy) growth in net profit at Rs 26.17 crore in Q4FY15 against Rs 19.60 crore in the same quarter a year ago. The company had posted a profit of Rs 7.90 crore in the December 2014 quarter.

Net sales of the company during the quarter grew 17.8% at Rs 330 crore on a y-o-y basis. EBITDA or operating profit margins expanded 100 basis points to 14.8% from 13.7%.

The board has recommended a dividend of 275% on the equity shares of the company for the financial year 2014-15.

Till 1257 hours, a combined 355,721 shares changed hands and there were pending buy orders for 15,229 shares on the BSE and NSE.

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First Published: May 25 2015 | 1:04 PM IST

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