Mirza International hits record high; stock zooms 51% in four weeks

Mirza International is engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear

Shares of Mirza International hit a record high of Rs 259.45, surging 10 per cent on the BSE in Thursday's intra-day trade, in an otherwise range-bound market.

In the past four weeks, the stock of the leather and leather products company has zoomed 51 per cent after it reported an over three-fold jump in consolidated profit after tax (PAT) of Rs 30.24 crore in March 2022 quarter (Q4FY22). It had posted PAT of Rs 8.89 crore in Q4FY21.

In comparison, the S&P BSE Sensex was up less than 1 per cent during the period. The company’s revenue during