Textile Company Reports 171 Per Cent PAT Growth; Stock Surges Over 120 Per Cent in One Year
Textile Company Reports 171 Per Cent PAT Growth; Stock Surges Over 120 Per Cent in One Year

Textile Company Reports 171 Per Cent PAT Growth; Stock Surges Over 120 Per Cent in One Year

The company’s net profit skyrocketed 171 per cent year-on-year (YoY) to Rs 40.5 crore, compared to Rs 15 crore in Q3 FY24.

Manoj Reddy Sama Article rating: 5.0

Company has been a stellar performer in the stock market, with its stock price soaring 121.23 per cent in the past year, significantly outperforming the Nifty’s 3.28 per cent rise during the same period.

Sensex & Nifty 50 Trade in Red, Broader Indices Cut Down Losses
Sensex & Nifty 50 Trade in Red, Broader Indices Cut Down Losses

Sensex & Nifty 50 Trade in Red, Broader Indices Cut Down Losses

The Nifty 50 is down 0.56 per cent at 22,785.10, and the Sensex has lost 0.70 per cent to reach 75,205.54.

Manoj Reddy Sama Article rating: No rating

Market breadth is negative, with 1,245 advances and 1,462 declines, indicating negative sentiment prevailing among investors.

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