Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Stock hits 20% upper circuit after reporting ₹ 1.61 Cr net profit against loss of ₹ 0.93 Cr QoQ; Announces dividend

This mid cap stock has an increased share price of more than 50% in a year and 20% in just one day.

The share prices of Yuken India Limited is trading at Rs. 727.60 as its 52- week high. The open price for the stock was Rs. 612.35 as well as the lowest price it has seen today.

The Annual Report of Yuken published on Tuesday morning includes the new figures for Q1FY23. For the quarter ended, the revenue has declined by 0.06% from Rs. 85.78 crore in March 23 to Rs. 79.52 crore in this quarter. The net profit for this quarter stands at Rs. 1.61 crore which was Rs. -0.93 crore for the last quarter. With a market capitalization of Rs. 935.48 crore, the share has an EPS of 4.56

The shareholding pattern for this quarter has been revised and the promoters are now holding a total of 56.16% of shares which was previously 52.5%. For the public sector, share holdings have changed from 47.50% to 43.84%

The stock has also announced its dividend at 0.8% per share. The ex- date for dividend is set on 6th September, 23.

Present in more than 25 countries, Yuken India Limited is an industrial machinery manufacturing company creating hydraulic Equipment such as compressors, pumps and diesel engines for construction and industrial purposes. They generate their revenue through three segments which includes pipes business, valves business and power packs.

Written by Bhumika Khandelwal

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Stock hits 20% upper circuit after reporting ₹ 1.61 Cr net profit against loss of ₹ 0.93 Cr QoQ; Announces dividend appeared first on Trade Brains.



This post first appeared on TradeBrains Features, please read the originial post: here

Share the post

Stock hits 20% upper circuit after reporting ₹ 1.61 Cr net profit against loss of ₹ 0.93 Cr QoQ; Announces dividend

×

Subscribe to Tradebrains Features

Get updates delivered right to your inbox!

Thank you for your subscription

×