Monday, 25 May 2015

Rupa Company hits consecutive 20% upper limit

The company posted 33.5 percent growth in Q4FY15 net profit at Rs. 26.18 crore when compared with Rs. 19.60 crore in Q4FY14. Total income also rose by 18.1 percent to Rs. 330.25 crore from Rs. 279.68 crore. 

Rupa Company is locked at the 20 percent upper limit for the second straight trading session on the back of strong Q4 results.

The company posted 33.5 percent growth in Q4FY15 net profit at Rs. 26.18 crore when compared with Rs. 19.60 crore in Q4FY14. Total income also rose by 18.1 percent to Rs. 330.25 crore from Rs. 279.68 crore.

The stock is now locked at the 20 percent upper limit at Rs. 327. The counter has seen trades of around 59,000 shares, and there are pending buy orders for nearly 5,400-odd shares on the BSE.

In the process, the stock has also soared nearly 45 percent in the last two trading sessions.

Meanwhile, the Sensex has plunged 306 points to 27,651.


No comments:

Post a Comment