The share price of the company has risen from Rs.144 on March 29, 2021 to Rs.370.10 on March 24, 2023. It has risen by around 160% in the last two years. The company is part of the S&P BSE SmallCap Index.
The company’s net profit for the third quarter of the current financial year (Q3FY23) rose 42.8% year-on-year to Rs 388.8 crore. The bottom line increased by 98.3% to Rs 61.9 crore in the third quarter of the current financial year (Q3FY23). The company is currently trading at 19.7x on TTM PE of 29x.
As of FY2022, the company’s ROCE is 17.5% and ROE is 14%. The market capitalization of the company is Rs.3,966.83 crore.
The stock touched a 52-week high of Rs.476.00 and a 52-week low of Rs.137.90. Today, the price of one share of the company has risen to Rs.355.80. You can add this stock to your watch list as experts have said that this stock will be more profitable in the coming weeks.
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