Business Standard

Venky's (India) hits new high; stock zooms 1600% in two years

The stock hit a new high of Rs 4,530 in intra-day trade, rallied 69% in past seven trading days against 1.3% rise in the S&P BSE Sensex.

chicken, hen, poultry
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SI Reporter Mumbai
Venky’s (India) continued its upward march for the seventh straight trading day, hitting new high of Rs 4,530, up 15% on the BSE in otherwise subdued market. The stock rallied 69% from Rs 2,673 on February 20, 2018, as compared to 1.3% rise in the S&P BSE Sensex.

In past two years, the market value of Venky’s (India) zoomed 1610% from Rs 265 on back of the improved financial performance. On comparison, the benchmark Sensex was up 43.6% during the period.

Venky’s (India) operates three business segments, namely poultry and poultry products, animal health products and oilseed.

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