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Kaya reverses direction after stellar rally

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Capital Market

Kaya was down 2.09% to Rs 1,080.25 at 13:36 IST, with the stock reversing its direction on profit booking after recent rally.

Meanwhile, the S&P BSE Sensex was down 262.56 points or 0.76% at 34,083.83. The S&P BSE Small-Cap index fell 0.44%, outperforming the Sensex.

On the BSE, 924 shares were traded on the counter so far as against average daily volumes of 8,066 shares in the past one quarter. The stock had hit a high of Rs 1,107.40 and a low of Rs 1,078 so far during the day. The stock had hit a 52-week high of Rs 1,262 on 16 January 2018 and a 52-week low of Rs 711 on 23 March 2017.

 

The stock had outperformed the market over the past one month till 27 February 2018, gaining 5.85% compared with the Sensex's 4.73% fall. The stock had also outperformed the market over the past one quarter, advancing 21.71% as against the Sensex's 1.84% rise. The scrip had also outperformed the market over the past one year, surging 47.94% as against the Sensex's 19.2% rise.

The small-cap company has equity capital of Rs 13.03 crore. Face value per share is Rs 10.

Shares of Kaya had spurted 19.22% in the past seven trading sessions to settle at Rs 1,103.30 yesterday, 27 February 2018, from its close of Rs 925.40 on 16 February 2018.

On a consolidated basis, Kaya reported net loss of Rs 3.88 crore in Q3 December 2017, compared with net loss of Rs 10.70 crore in Q3 December 2016. Net sales rose 3.4% to Rs 100.33 crore in Q3 December 2017 over Q3 December 2016.

Kaya provides holistic skincare solutions through Kaya Skin Clinic and its retail format store Kaya Skin Bar and their e-commerce offering.

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First Published: Feb 28 2018 | 1:39 PM IST

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