 "De Nora India hits new high; stock zooms 110% in three weeks")
De Nora India hits a new high of Rs 589, up 7% on BSE, extending its past three weeks rally after the company reported more than 10-fold jump in net profit at Rs 45 million in December quarter (Q3FY18).
The company operates in electrolytic products business had profit of Rs 3.7 million in the same quarter last fiscal and reported a loss of Rs 10 million in September quarter.
Operational revenue of the company during the quarter under review increased nearly three-fold to Rs 134 million from Rs 50 million in the corresponding quarter of previous fiscal.
The company operates in electrolytic products business had profit of Rs 3.7 million in the same quarter last fiscal and reported a loss of Rs 10 million in September quarter.
Operational revenue of the company during the quarter under review increased nearly three-fold to Rs 134 million from Rs 50 million in the corresponding quarter of previous fiscal.
