 "Rupa & Company soars over 40% in two days post Q4 results")
Rupa & Company is locked at the upper circuit for the second straight day, up 20% at Rs 327, after reporting a good set of numbers for the fourth quarter ended March 31, 2015 (Q4).
The stock is currently trading at its record high on the BSE, surging 44% in the past two trading sessions from Rs 227 on May 21.
The company, which is engaged in the business of knitted garments ranging from innerwear to casual wear, has reported a 34% year on year (yoy) growth in net profit at Rs 26.17 crore in Q4FY15 against Rs 19.60 crore in the same quarter a year ago. The company had posted a profit of Rs 7.90 crore in the December 2014 quarter.
Net sales of the company during the quarter grew 17.8% at Rs 330 crore on a y-o-y basis. EBITDA or operating profit margins expanded 100 basis points to 14.8% from 13.7%.
The board has recommended a dividend of 275% on the equity shares of the company for the financial year 2014-15.
Till 1257 hours, a combined 355,721 shares changed hands and there were pending buy orders for 15,229 shares on the BSE and NSE.
The stock is currently trading at its record high on the BSE, surging 44% in the past two trading sessions from Rs 227 on May 21.
The company, which is engaged in the business of knitted garments ranging from innerwear to casual wear, has reported a 34% year on year (yoy) growth in net profit at Rs 26.17 crore in Q4FY15 against Rs 19.60 crore in the same quarter a year ago. The company had posted a profit of Rs 7.90 crore in the December 2014 quarter.
Net sales of the company during the quarter grew 17.8% at Rs 330 crore on a y-o-y basis. EBITDA or operating profit margins expanded 100 basis points to 14.8% from 13.7%.
The board has recommended a dividend of 275% on the equity shares of the company for the financial year 2014-15.
Till 1257 hours, a combined 355,721 shares changed hands and there were pending buy orders for 15,229 shares on the BSE and NSE.
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