This small-cap stock jumped over 25 per cent in the last 3 trading sessions; do you hold it?

The company reported a rise of 83.28 per cent in Q1 net profit.

As the season of financial results is on, Vesuvius India Ltd has reported results for first quarter ended on March 31 2023.  

In comparison to the same quarter last year, the company's net profit for the quarter that ended on March 31, 2023, increased by 83.28 per cent to Rs 58.10 crore from Rs 31.70 crore. However, in the same period the company's overall revenue increased by 19.42 per cent to Rs 378.60 crore from Rs 317.03 crore for the same quarter the year before.  

In comparison to the last quarter, the company's net profit for the first quarter that ended on March 31, 2023, increased by 55.68 per cent to Rs 58.10 crore from Rs 37.32 crore. In same period company's overall revenue increased by 6.66 per cent to Rs 378.60 crore from Rs 354.95 crore. 

DSIJ offers a product 'Tiny Treasure' with recommendations for Small-Cap & micro-cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the product details pdf here  

On May 15, 2023, the scrip was closed at Rs 1889.40 and on May 16 it opened at Rs 2101.10 and closed at Rs 2267.25, up by 20 per cent. Total 15,733 shares were traded over the counter at BSE. Yesterday it hit a new 52-week high at Rs 2267.25 and it has a 52-week low of Rs 966.65.   

Today it opened at Rs 2265.05 and again surged to a fresh 52-week high of Rs 2436.10. Currently it is trading at Rs 2368.40 up by 4.46 per cent and has risen by a whopping 25.35 per cent from closing of May 15 2023. 

Vesuvius India Ltd is primarily engaged in manufacturing and trading of refractory goods. It also provides services in relation to refractory goods. It has operations in India and caters to both domestic and international markets.