Zodiac Clothing hits 52-week high; stock zooms 41% in two days

The stock hit a 52-week high of Rs 213, up 18 per cent in intra-day trade on Friday, surging 41 per cent in past two trading days on the back of heavy volumes.

Shares of Zodiac Clothing hit a 52-week high of Rs 213, up 18 per cent in intra-day trade on Friday, surging 41 per cent in past two trading days on the back of heavy volumes. The stock surpassed its previous high of Rs 194 touched on March 7, 2018 on the BSE in intra-day trade.

The company, which is engaged in the business of clothing and clothing accessories, had posted Ebitda (earnings before interest, taxation, depreciation and ammortisation) of Rs 3.24 crore in December 2018 quarter (Q3FY19). It had posted loss of Rs 2.89 crore in the same quarter