Sanwaria Consumer drops after recent rally

Sanwaria Consumer lost 4.93% to Rs 21.20 at 12:12 IST on BSE, with the stock sliding on profit booking after recent rally in the prior four trading sessions.

Meanwhile, the S&P BSE Sensex was down 193.29 points or 0.57% at 33,817.47. The S&P BSE Small-Cap index fell 0.95%, underperforming the Sensex.

On the BSE, 16.20 lakh shares were traded on the counter so far as against average daily volumes of 12.55 lakh shares in the past one quarter. The stock had hit a high of Rs 22.85 and a low of Rs 21.20 so far during the day. The stock had hit a 52-week high of Rs 34.75 on 8 January 2018 and a 52-week low of Rs 3.91 on 31 March 2017.

The stock had underperformed the market over the past one month till 16 February 2018, sliding 22.57% compared with the Sensex's 2.19% fall. The stock had, however, outperformed the market over the past one quarter, advancing 2.76% as against the Sensex's 2.73% rise. The scrip had also outperformed the market over the past one year, surging 386.9% as against the Sensex's 20.17% rise.

The small-cap company has equity capital of Rs 73.61 crore. Face value per share is Rs 1.

Shares of Sanwaria Consumer had rallied 21.19% in the prior four trading sessions to settle at Rs 22.30 on Friday, 16 February 2018, from its closing of Rs 18.40 on 9 February 2018.

Sanwaria Consumer's net profit surged 120% to Rs 25.08 crore on 11.8% growth in net sales to Rs 1273.49 crore in Q3 December 2017 over Q3 December 2016.

Sanwaria Consumer is a FMCG food products company.

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