852% Profit Growth: Consumer Durable Stock Jumps 8% After Strong Q1 Performance
India, Aug. 5 -- This Small-Cap Consumer Durable Stock, engaged in the manufacturing and marketing of mattresses, polyurethane foam, home comfort products, technical foam solutions, and furniture cushioning across domestic and international markets, jumped 7.64 percent after the company reported strong June quarterly results with an 851.76 percent YoY increase in net profit.
With a market capitalization of Rs. 8,491.10 crores, the share of Sheela Foam Limited has reached an intraday high of Rs. 830.40 per equity share, rising nearly 7.64 percent from its previous day's close price of Rs. 771.45. Since then, the stock has retreated and is currently trading at Rs. 778 per equity share.
Q1 FY27 Result Walkthrough:
Coming into the quarterl...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.