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Venky's (India) hits record high

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Capital Market

Venky's (India) surged 4.11% to Rs 3,339 at 10:24 IST on BSE, with the stock extending recent stellar rally.

Meanwhile, the S&P BSE Sensex was up 244.74 points or 0.72% at 34,386.89. The S&P BSE Mid-Cap index advanced 0.65%, underperforming the Sensex.

On the BSE, 32,000 shares were traded on the counter so far as against average daily volumes of 15,520 shares in the past one quarter. The stock had hit a high of Rs 3,385 so far during the day, which is a record high. The stock hit a low of Rs 3,258.10 so far during the day. The stock had hit a 52-week low of Rs 781 on 20 March 2017.

 

The mid-cap company has equity capital of Rs 14.09 crore. Face value per share is Rs 10.

Shares of Venky's (India) have rallied 24.9% in four trading sessions to its ruling price, from its closing of Rs 2,673.20 on 20 February 2018.

Venky's (India)'s net profit rose 66.4% to Rs 69.42 crore on 12.7% growth in net sales to Rs 695.85 crore in Q3 December 2017 over Q3 December 2016.

Venky's (India) is an integrated poultry firm.

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First Published: Feb 26 2018 | 10:26 AM IST

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