Live Markets »News & Advice»Latest Stories»Latest Stories Details
Latest Stories Details

Shreyas Shipping hits 52-week high on strong September quarter results

SI Reporter/Mumbai 15 Nov 17 | 10:12 AM

Shreyas Shipping & Logistics hit a 52-week high of Rs 541, up 20% on the BSE in intra-day trade, after the company reported a strong net profit of Rs 19.70 crore in September quarter (Q2FY18). It had profit of Rs 2.41 crore in a year ago quarter.

Operational revenue of the company increased by 35% to Rs 124 crore from Rs 92 crore in the corresponding quarter of previous fiscal.

Related Stories

    No Related Stories Found
Widgets Magazine

For the first half (April – September) of the current financial year 2017-18, Shreyas Shipping & Logistics’ net profit jumped over five-fold to Rs 38.87 crore against Rs 7.27 crore in the same period last year. It had reported profit of Rs 3.51 crore during the entire previous financial year 2016-17.

At 10:09 AM; the stock was trading 15% higher at Rs 518 against 0.23% decline in the S&P BSE Sensex. In past three months, it rallied 72% as compared to 4.5% rise in the benchmark index.

The trading volumes on the counter more than doubled with a combined 466,558 shares changed hands on the BSE and NSE so far. 

Widgets Magazine


Company Price Gain (%)
Adani Ports414.303.27
H D F C1,718.301.53
St Bk of India335.201.35
Asian Paints1,174.351.12
Maruti Suzuki8,514.301.08


It has been a year since demonetisation was announced. What is your view about the move?

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine