Venky's shares jump over 11% after strong Q3
In the third quarter of the current financial year, the company's revenue increased to Rs 671 crore as against Rs 522 billion in Q3FY16.
At 1228 hours the shares of the company were trading at Rs 668.50 per piece. Photo: Reuters
1700% jump in 3 years! This multibagger just received a rating upgradeShares of Venky's (India) surged over 11% after the company reported strong financial result for the quarter ended on December 31.
At 1228 hours the shares of the company were trading at Rs 668.50 per piece, up 11.24% or Rs 67.55 on BSE.
The company reported a net profit of Rs 41.7 crore during the quarter ended on December 31 as against a net loss of Rs 2.73 crore during the same period last year.
In the third quarter of the current financial year, the company's revenue increased to Rs 671 crore as against Rs 522 billion in Q3FY16.
This chicken-and-egg play zoomed 1500% in 3 years; another 100% jump still expected