Small cap stock jumps 8% after company's net profits increases by 61% YoY
Bengaluru, April 30 -- Shares of this small-cap stock associated with the 'Electrodes & Refractories' industry jumped approximately 8 percent in Tuesday's trading session after the company announced robust results for Q1FY24, i.e., for the quarter ending March 2024.
With a market capitalization of Rs 9,512.98 crores, the stocks of Vesuvius India Limited started their trading session on Tuesday at Rs 4,602 and currently trade at Rs 4,680, gaining around 8 percent compared to the previous closing levels of Rs 4,356.75 apiece.
Such a spike in the share prices was observed after the company, through a regulatory filing with the Bombay Stock Exchange (BSE), announced the financial results for Q1FY24, i.e., for the quarter ending March 2024....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.