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Sanwaria hits lower circuit on profit booking

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Capital Market
Last Updated : Mar 19 2018 | 2:16 PM IST

Sanwaria Consumer was locked at 5% lower circuit at Rs 18 at 13:54 IST on BSE, with the stock sliding on profit booking after recent stellar rally.

Meanwhile, the S&P BSE Sensex was down 253.50 points or 0.76% at 32,922.50. The S&P BSE Small-Cap index declined 2.07%, underperforming the Sensex.

On the BSE, 4.93 lakh shares were traded on the counter so far as against the average daily volumes of 13.34 lakh shares in the past one quarter. The stock had hit a high of Rs 19.05 and a low of Rs 18 so far during the day. The stock had hit a 52-week high of Rs 34.75 on 8 January 2018 and a 52-week low of Rs 3.91 on 31 March 2017.

The small-cap company has equity capital of Rs 73.61 crore. Face value per share is Rs 1.

Shares of Sanwaria Consumer had rallied a whopping 20% in the previous four trading sessions to settle at Rs 18.90 on Friday, 16 March 2018, from its closing of Rs 15.75 on 12 March 2018.

Sanwaria Consumer's net profit surged 120% to Rs 25.08 crore on 11.8% growth in net sales to Rs 1273.49 crore in Q3 December 2017 over Q3 December 2016.

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Sanwaria Consumer is a FMCG food products company.

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First Published: Mar 19 2018 | 1:58 PM IST

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