Quarterly numbers fuel Crew BOS by 20%

DALAL STREET SPIKES

Crew BOS Products Ltd went up about 20 per cent to Rs 145.60 from yesterday's close of Rs 121.35. The scrip had earlier posted 276 per cent increase in its net profit at Rs 3.31 crore for this quarter compared with Rs 0.88 crore during the corresponding quarter in the previous year.

Total income grew by 126 per cent at Rs 27.19 crore in the first quarter against Rs 11.14 crore in the same period a year ago.

The company had recently raised $5 million through the issue of 18,18,200 global depository receipts (GDR) which was listed at the Luxembourg Stock Exchange on July 28. The issue was priced at $2.75 (Rs 120) per GDR.