Apex Frozen Foods hits 20% upper circuit, rises 46% in a week post Q4 nos

Apex Frozen Foods' Q4FY21 sales volume grew by around 30 per cent YoY on the back of easing of the transport situation

Shares of Apex Frozen Foods were locked in the upper circuit of 20 per cent at Rs 395.80, also its 52-week high on the BSE in Monday's session with only buyers seen on the counter. Till 02:45 pm, a combined 3.6 million shares had changed hands and there were pending buy orders for around 165,000 shares on the NSE and BSE.

In the past week, the stock has zoomed 46 per cent as compared to a 0.20 per cent rise in Sensex, following the company’s March quarter (Q4FY21) results. The company's profit after tax (PAT) more-than-doubled to Rs 8.4 crore