Bengaluru, Feb. 13 -- Shares of this micro-cap stock, a prominent player in the event management sector surged over 16 percent after reporting net profit growth of 940 percent in the December quarter from the previous quarter.
Price Movement
In Thursday's trading session, the share price of Touchwood Entertainment Ltd reached an intra-day high of Rs.127.00 per share, rising 16.08 percent from its previous close of Rs.109.40 apiece. The shares have retreated since then and are currently trading at Rs.117.46 per share.
Quarterly Performance
Touchwood Entertainment Ltd experienced a substantial increase in its stock price, largely driven by impressive growth in both revenue and net profit as outlined in the company's financial results.
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