 "DCM Shriram factory | Photo: Company website")
DCM Shriram shares hit a 52-week high of Rs 504, up 6 per cent on the BSE in intra-day trade on Thursday in an otherwise weak market. The stock has rallied 22 per cent in the past two weeks. In comparison, the S&P BSE Sensex was down 3 per cent during the same period.
The surge in stock came after the company reported a six-fold jump in the consolidated net profit at Rs 293 crore in March quarter of FY19. It had posted a profit of Rs 51 crore during the same quarter last year.
The company’s operational revenue
The surge in stock came after the company reported a six-fold jump in the consolidated net profit at Rs 293 crore in March quarter of FY19. It had posted a profit of Rs 51 crore during the same quarter last year.
The company’s operational revenue
