Shalby spurts after robust Q1 results

Shalby soared 15.11% to Rs 96 at 10:10 IST on BSE after the company's consolidated net profit surged 96.7% to Rs 23.62 crore on a 13.4% rise in the net sales to Rs 131.44 crore in Q1 June 2019 over Q1 June 2018.

The result was announced after market hours yesterday, 29 July 2019.

Meanwhile, S&P BSE Sensex was up 163.93 points or 0.43% at 37,850.30.

On BSE, 69,000 shares were traded in Shalby counter, compared to a 2-week average of 4,080 shares. The stock hit an intraday high of Rs 100.05 and an intraday low of Rs 93. It hit a 52-week high of Rs 177.60 on 10 September 2018 and a 52-week low of Rs 79.85 on 29 July 2019.

 

The EBITDA rose 13% to Rs 31.15 crore in Q1 June 2019 as against Q1 June 2018.

Shalby operates a multi-specialty chain of hospitals.

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