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Sanwaria Consumer heads north after strong Q3 earnings

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Capital Market

Sanwaria Consumer was locked at 5% upper circuit at Rs 30.35 at 15:10 IST on BSE after net profit surged 119.91% to Rs 25.07 crore on 11.92% growth in total income from operations to Rs 1276.66 crore in Q3 December 2017 over Q3 December 2016.

The result was announced during market hours today, 3 January 2018.

Meanwhile, the S&P BSE Sensex was down 28.01 points or 0.08% at 33,784.25. The S&P BSE Small-Cap index advanced 0.85%, outperforming the Sensex.

On the BSE, 21.37 lakh shares were traded on the counter so far as against average daily volumes of 20.50 lakh shares in the past one quarter. The stock had hit a high of Rs 30.35 and a low of Rs 29 so far during the day. The stock had hit a 52-week high of Rs 30.45 on 8 November 2017 and a 52-week low of Rs 2.46 on 2 January 2017.

 

The stock had outperformed the market over the past one month till 2 January 2018, gaining 25.05% compared with the Sensex's 2.98% rise. The stock had also outperformed the market over the past one quarter, advancing 291.75% as against the Sensex's 8.08% rise. The scrip had also outperformed the market over the past one year, surging 1035.29% as against the Sensex's 27.14% rise.

The small-cap company has equity capital of Rs 73.61 crore. Face value per share is Rs 1.

Sanwaria Consumer is a FMCG food products company.

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First Published: Jan 03 2018 | 3:06 PM IST

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