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Monte Carlo advances after robust Q3 result

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Capital Market
Last Updated : Feb 08 2018 | 10:31 AM IST

Monte Carlo Fashions gained 3.83% to Rs 582 at 09:53 IST on BSE after net profit rose 36.87% to Rs 47.78 crore on 23.66% growth in net sales to Rs 355.92 crore in Q3 December 2017 over Q3 December 2016.

The result was announced after market hours yesterday, 7 February 2018.

Meanwhile, the S&P BSE Sensex was up 320.20 points, or 0.94% at 34,402.91. The S&P BSE Small-Cap index was up 284.73 points, or 1.61% at 18,016.36.

On the BSE, 4,747 shares were traded on the counter so far as against the average daily volumes of 7,574 shares in the past one quarter. The stock had hit a high of Rs 601 and a low of Rs 577 so far during the day. The stock had hit a record high of Rs 664 on 10 January 2018 and a 52-week low of Rs 370 on 17 February 2017.

The small-cap company has equity capital of Rs 21.73 crore. Face value per share is Rs 10.

Monte Carlo Fashions is engaged in manufacturing of all types of textile garments and clothing accessories.

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First Published: Feb 08 2018 | 10:14 AM IST

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