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Shrenuj & Company shines on reports of export order win

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Capital Market
Last Updated : Jul 03 2015 | 12:01 AM IST

Shrenuj & Company jumped 8.52% to Rs 40.75 at 12:35 IST on BSE on reports of the company securing a US jewellery order worth $30 million.

Meanwhile, the BSE Sensex was down 8.46 points or 0.03% to 28,012.41

On BSE, so far 1.90 lakh shares were traded in the counter as against average daily volume of 38,053 shares in the past one quarter.

The stock hit a high of Rs 44.25 and a low of Rs 40.45 so far during the day. The stock had hit a 52-week high of Rs 70.48 on 8 July 2014. The stock had hit a 52-week low of Rs 32 on 4 June 2015.

The small-cap stock had outperformed the market over the past one month till 1 July 2015, rising 4.89% compared with 0.62% rise in the Sensex. The scrip, however, underperformed the market in past one quarter, declining 18.1% as against Sensex's 0.85% decline.

The company has an equity capital of Rs 38.58 crore. Face value per share is Rs 2.

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Shrenuj & Company's consolidated net profit dropped 83.3% to Rs 4.46 crore on 17.4% fall in net sales to Rs 996.73 crore in Q4 March 2015 over Q4 March 2014.

Shrenuj & Company manufactures and markets high quality polished diamonds and diamond jewellery products.

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First Published: Jul 02 2015 | 12:39 PM IST

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