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Vinati Organics gains for sixth straight day; stocks hit new high on Q4 nos

In the past two weeks, the stock has outperformed the market by surging 21%, after the company reported 59% YoY growth in net profit at Rs 83 crore in Q4FY19.

Vinati Organics gains for sixth straight day; stocks hit new high
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SI Reporter Mumbai
Shares of Vinati Organics were trading higher for the sixth straight day, up 5 per cent at Rs 2,197 on the BSE, also its new high in an otherwise weak market on Friday. The S&P BSE Sensex was down 0.48 per cent at 39,681 points at 02:39 pm.

In the past two weeks, the stock has outperformed the market by surging 21 per cent, after the company reported strong earnings in March quarter (Q4FY19). In comparison, the benchmark index was up 4 per cent during the same period.

Vinati Organics posted 59 per cent year-on-year (YoY) growth in

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First Published: May 31 2019 | 2:59 PM IST

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