 "Consumer electrical major V-Guard looking out for acquisition")
V-Guard Industries has surged 8% to Rs 208 on the BSE in early morning trade in an otherwise weak market after the board recommended the issue of bonus shares in the ratio of 2:5 (two shares for every five shares held).
The company engaged in consumer electrical and electronics business has reported 30% year on year (YoY) jump in net profit at Rs 28 crore for the quarter ended December 2016 (Q3FY17). Net revenue increased 10% at Rs 460 crore on YoY basis.
“Demonetization had some impact on some product segment and sales growth of some of the
The company engaged in consumer electrical and electronics business has reported 30% year on year (YoY) jump in net profit at Rs 28 crore for the quarter ended December 2016 (Q3FY17). Net revenue increased 10% at Rs 460 crore on YoY basis.
“Demonetization had some impact on some product segment and sales growth of some of the
