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JB Chemicals surges 16%, hits all-time high as Q1 net profit jumps 92%

The company's revenue came in at Rs 522.28 crore, up 17 per cent against Rs 446.11 crore in the corresponding quarter of the previous fiscal.

Topics
JB Chemicals & Pharmaceuticals | Buzzing stocks | Q1 results

SI Reporter  |  New Delhi 

Following the sharp run-up, returns are expected to plateau.
JB Chemicals is engaged in the business of manufacturing and marketing of a diverse range of pharmaceuticals formulations herbal remedies and APIs.

Shares of JB Chemicals and Pharmaceuticals rallied 16 per cent to hit an all-time high of Rs 965 apiece on the BSE on Tuesday, a day after the company reported a 92.6 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 119.42 crore for the quarter ended June 2020 against Rs 62 crore profit in the year-ago period.

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First Published: Tue, September 15 2020. 10:00 IST
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