Venkys India hits new high; stock zooms over 150% in three months

The stock locked in upper circuit of 5% for the second straight trading sessions at Rs 1,244 on BSE

Venky’s (India) is locked in upper circuit of 5% for the second straight trading sessions at Rs 1,244, also its record high on BSE.

The stock of poultry firm is continued at its upward movement in past three months, gaining 152% as compared to 7% rise in the S&P BSE Sensex.

Venky’s India had reported a net profit of Rs 41.72 crore for the third quarter ended December 2016 (Q3FY17) against loss of Rs 2.73 crore in the same quarter year ago.

For the first nine months (April-December) of FY17, it reported an over four-fold jump in