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Reliance Backed Company: Chocolate Company's Shares Hit 5 Per Cent Lower Circuit Despite 5 Times Rise in PAT
Reliance Backed Company: Chocolate Company's Shares Hit 5 Per Cent Lower Circuit Despite 5 Times Rise in PAT

Reliance Backed Company: Chocolate Company's Shares Hit 5 Per Cent Lower Circuit Despite 5 Times Rise in PAT

The company posted a net profit of Rs 3.72 crore, marking a significant 520 per cent increase compared to Rs 0.60 crore in the same quarter of the previous fiscal year.

Manoj Reddy Sama Article rating: 3.7

The company’s quarterly performance showed a sequential decline, with net profits falling 29 per cent on a quarter-on-quarter (QoQ) basis, leading to selling pressure on the stock.

From Rs 70 to Rs 780: Reliance-backed solar stock delivers over 1,000 per cent, hits all-time high; heavy buying witnessed today!
From Rs 70 to Rs 780: Reliance-backed solar stock delivers over 1,000 per cent, hits all-time high; heavy buying witnessed today!

From Rs 70 to Rs 780: Reliance-backed solar stock delivers over 1,000 per cent, hits all-time high; heavy buying witnessed today!

The company's shares have delivered an impressive return of over 160 per cent to their shareholders.

Rakesh Deshmukh Article rating: 3.7

Turnaround company, PAT turned positive from a net loss of Rs 421 crore in the Q4 FY24. While revenue jumped by 1,231 YoY during the same period.

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