The stock ended at Rs 56.85, up 2%. Around 144,309 shares were traded on the BSE today.
______________________________________________________
(Updated at 1257 hrs)
DCM Shiram Consolidated is up after the company posted a four-fold jump in it's net profit.
The stock is now tarding at Rs 57.75, up around 4% from the previous close. The stock opened at Rs 58, touched a low of Rs 56 and a high of Rs 59.50. The counter has clocked a volume of 97,744 shares as compared to the two-week daily average traded volumes of 51,763 shares on the BSE so far.
The company recorded a leap in net profit to Rs 21.24 crore in June quarter as compared to Rs 4.87 crore in its previous quarter, a year ago. The net operating income increased by 12.64% to Rs 893.55 crore as against Rs 415 crore in the previous quarter.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app