DSIJ Mindshare

This small-size building material company has rallied 25 per cent in five days!
Subramanian K
/ Categories: Trending, Mindshare

This small-size building material company has rallied 25 per cent in five days!

In the afternoon deals, while the BSE smallcap index is trading with marginal losses, Everest Industries gained more than 15 per cent in the first half of the trading session

This small-size building material company, Everest Industries gained more than 15 per cent in the first half of the trading session. It has been in an uptrend for the past five trading sessions, gaining more than 25 per cent from Rs 600 on February 14, 2022, to Rs 754 today. It has touched its 52-week high in the morning trading session. 

Everest Industries has posted flat Q3 results last week. Revenue was up by 20 per cent on YoY, operating profit was marginally up on YoY, however, margins contracted 100 bps. Net profit increased 10 per cent on YoY.    

Everest Industries Ltd is one of India’s leading and fastest-growing complete building solutions providers. The company has an established distribution network of 7,000+ dealers with a presence in more than 1,00,000 villages and 600 cities in India. It has a market cap of Rs 1,164 crore with a P/E of 22.8x. 

At 12.30 PM, shares of the company were trading at Rs 744, up by 13.16 per cent for the day.

Previous Article Mid-day Movers: Quess Corp, Brightcom Group and Elgi Equipments are the top gainers of BSE 500!
Next Article Stocks where domestic fund managers were the net sellers in January 2022
Print
743 Rate this article:
4.3
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR