Bengaluru, Nov. 10 -- The shares of the Penny stock company specializing in the manufacturing, private labeling, and exporting of fast-moving consumer goods (FMCG), cosmetics, and raw/packaging materials, jumped upto 11 percent following their results with a 226 percent rise in Profit.

With a market capitalization of 71.82 Crores on Monday, the shares of Lykis Ltd jumped upto 11.4 percent, reaching a high of Rs. 39.50 compared to its previous close of Rs. 35.45.

What Happened

Lykis Ltd, engaged in the manufacturing, private labeling, and exporting of fast-moving consumer goods (FMCG), cosmetics, and raw/packaging materials, has announced its Q2 results as follows:

Its Revenue from operations rose by 7 percent YoY from Rs. 83.9 Crores ...