Venky's shares hit 20% upper circuit after Q1 profit soars 287% YoY to Rs 75 crore
 

Venky's (India) shares on Wednesday hit a 20% upper circuit after the poultry firm reported a 287% jump in its June quarter net profit to Rs 75.18 crore versus Rs 19.41 crore reported by it in the year ago period. The stock was trading at Rs 2,191.65 on the NSE, gaining Rs 365.25 over Tuesday’s closing price.

However, the revenue from operations stood at Rs 808 crore. It was Rs 976.44 crore in the corresponding quarter of the previous financial year. On a YoY basis, the revenue was down  ..
 

Source: https://economictimes.indiatimes.com/markets/stocks/news/venkys-shares-hit-20-upper-circuit-after-q1-profit-soars-287-yoy-to-rs-275-crore/articleshow/112343922.cms