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Liberty Shoes nudges higher after strong Q3 numbers

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Capital Market
Last Updated : Jan 25 2018 | 3:31 PM IST

Liberty Shoes was up 2.01% at Rs 255.85 at 15:06 IST on BSE after net profit surged 131.30% to Rs 2.66 crore on 28.6% growth in net sales to Rs 163.18 crore in Q3 December 2017 over Q3 December 2016.

The result was announced after market hours yesterday, 24 January 2018.

Meanwhile, the S&P BSE Sensex was down 84.65 points or 0.23% at 36,076.99. The S&P BSE Small-Cap index fell 0.65%, underperforming the Sensex.

On the BSE, 8,661 shares were traded on the counter so far as against average daily volumes of 11,553 shares in the past one quarter. The stock had hit a high of Rs 264.75 and a low of Rs 253.75 so far during the day. The stock had hit a 52-week high of Rs 308.90 on 18 September 2017 and a 52-week low of Rs 160 on 14 March 2017.

The small-cap company has equity capital of Rs 17.04 crore. Face value per share is Rs 10.

Liberty Shoes is one of the leading footwear manufacturers in India.

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First Published: Jan 25 2018 | 3:09 PM IST

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