The inventory is up by 15 per cent in 1 month, up 182.05 per cent in 2 years and over 320 per cent in 3 years.
On Friday, the Indian benchmark indices ended the buying and selling session increased. BSE Sensex Index was up by 0.19 per cent to a degree of 62,547.11 and NSE Nifty-50 Index was up by 0.25 per cent to a degree of 18,534. About 2,137 shares have superior, 1,413 declined, and 125 are unchanged on the BSE.
One of many Prime Gainers on BSE, shares of Chothani Meals Ltd zoomed 20 per cent higher circuit to Rs 13.20 per share from its earlier closing of Rs 11. The inventory has a 52-week excessive of Rs 21.55 and a 52-week low of Rs 9.21.
The rationale behind the sudden rise in inventory worth is because of the firm introduced its Quarterly Outcomes and annual outcomes for the yr ended March 31, 2023.
In accordance with the financials, Chothani Meals has a market cap of Rs 6.81 crore. The web gross sales elevated by 20 per cent to Rs 4.90 crore in Q4FY23 over Q4FY22. The corporate reported a internet revenue of Rs 0.08 crore in Q4FY23 in comparison with a internet revenue of Rs 0.19 crore in Q4FY22. The web gross sales elevated by 12.33 per cent and internet revenue elevated by 30 per cent in FY23 over FY22.
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Chothani Meals Restricted produces condiments. The corporate engages within the manufacturing, exploring, and supplying a spread of spices and vegetable powder. Chothani Meals serves prospects in India.
The inventory is up by 15 per cent in 1 month, up 182.05 per cent in 2 years and over 320 per cent in 3 years. Buyers ought to keep watch over this micro-cap inventory.
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