Stock Jumps After Reporting 288% YoY Profit Growth; Managements Announces 6 Growth Strategies
India, Aug. 20 -- The shares of a Small-cap company specializing in manufacturing technical textile machinery, specifically complete equipment ranges for producing PP (polypropylene) and HDPE woven bags, sacks (raffia), and others, are in focus following their strong Q1 results.
With a market capitalization of Rs. 5,819.20 crores in the day's trade, the shares of Lohia Corp Ltd jumped upto 2.5 percent, reaching a high of Rs. 575.80 per share compared to its previous closing price of Rs. 561.25 per share.
What Happened
Lohia Corp Ltd, engaged in manufacturing technical textile machinery, including complete equipment ranges for producing PP (polypropylene) and HDPE woven bags, sacks (raffia), and other products, is in focus following its ...
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