Stock of this edible oil company has zoomed nearly 1,500% in three months

Shares of Ambar Protein hit a new high of Rs 730 as it hit 5-per cent upper circuit for 58th straight consecutive day

The report is pinning much hope on domestic supply meeting a significant portion of incremental domestic re­qui­rements
Premium

SI Reporter Mumbai
Shares of Ambar Protein Industries continued at their northward journey as they were locked in the 5-per cent upper circuit band at Rs 730 on the BSE on Friday. The shares traded at their all time level and have frozen at the upper circuit for 58th straight consecutive day.

In the past three months, the stock of the edible oil company has zoomed nearly 1,500 per cent from a level of Rs 45, which it had hit on June 23, 2022. In comparison, the S&P BSE Sensex has rallied 12 per cent during the same period.

Ambar Protein

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 23 2022 | 12:24 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com