 "Nitta Gelatin India zooms 20% on strong Q3 results")
Nitta Gelatin India is locked in upper circuit of 20% at Rs 201, also its 52-week high on the BSE after the company reported a net profit of Rs 7.51 crore in December 2015 quarter (Q3FY16) on the back of strong operational performance and lower finance cost.
The company engaged in specialty chemicals business had posted a loss of Rs 24 lakh in the same quarter previous year.
Total operational income for the quarter increased 10% at Rs 94.63 crore against Rs 85.94 crore in the corresponding quarter of previous fiscal.
Total expenditure remained flat at Rs 83.85 crore as compared to previous year, while finance cost more than halved to Rs 93 lakh from Rs 2 crore during the quarter.
Till 09:27 AM, around 6,137 shares changed hands and there were pending buy orders for 63,265 shares on the BSE.
The company engaged in specialty chemicals business had posted a loss of Rs 24 lakh in the same quarter previous year.
Total operational income for the quarter increased 10% at Rs 94.63 crore against Rs 85.94 crore in the corresponding quarter of previous fiscal.
Total expenditure remained flat at Rs 83.85 crore as compared to previous year, while finance cost more than halved to Rs 93 lakh from Rs 2 crore during the quarter.
Till 09:27 AM, around 6,137 shares changed hands and there were pending buy orders for 63,265 shares on the BSE.
