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 (%)
Kotak Mah. Bank1,051.751.04
Dr Reddy's Labs2,212.750.83
Asian Paints1,143.700.62


Will Arun Jaitey recast tax slabs for individuals in Budget 2018?

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine