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Shalby surges 20% on robust June quarter numbers

The share touched its 52-week high Rs 177.60 and 52-week low Rs 79.85 on 10 September, 2018 and 29 July, 2019, respectively.

July 30, 2019 / 11:05 AM IST
 
 
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Shares of Shalby surged more than 20 percent intraday on July 30 after company reported robust numbers for the quarter ended June 2019.

The company's Q1FY20 consolidated net profit rose 97 percent at Rs 23.6 crore against Rs 12 crore in the same quarter last year.

Revenue jumped 13.4 percent at Rs 131.4 crore against Rs 115.9 crore.

Earnings before interest, tax, depreciation and amortization (EBITDA) was up 19 percent at Rs 29.3 crore, while margin at 22.3 percent.

The share touched its 52-week high Rs 177.60 and 52-week low Rs 79.85 on 10 September, 2018 and 29 July, 2019, respectively.

Currently, it is trading 47.21 percent below its 52-week high and 17.41 percent above its 52-week low.

At 10:54 hrs Shalby was quoting at Rs 94, up Rs 10.60, or 12.71 percent on the BSE.

Moneycontrol News
first published: Jul 30, 2019 11:05 am

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