Home Business JB Chemical substances fragment positive aspects 10%, hits 52-week excessive after Q1 profit jumps 92%

JB Chemical substances fragment positive aspects 10%, hits 52-week excessive after Q1 profit jumps 92%

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Ideally suited Up up to now : Sep 15, 2020 11: 31 AM IST | Supply: Moneycontrol.com Consolidated catch revenue of JB Chemical substances stood at Rs 522.28 crore, which was as soon as up 17.07 percent YoY from Rs 446.11 crore in Q1FY20.
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JB Chemical substances and Prescribed tablets fragment ticket jumped over 10 percent intraday on September 15, a day after the corporate declared its Q1 outcomes.The consolidated catch profit of the corporate was as soon as reported at Rs 119.5 crore up by 92.4 percent, as when when put next with Q1 FY20 when it had reported Rs 62.11 crore. The catch profit margin in Q1 FY21 came in at 22.88 percent, up 8.96 percent YoY.Consolidated catch revenue of JB Chemical substances stood at Rs 522.28 crore, which was as soon as up 17.07 percent YoY from Rs 446.11 crore in Q1 FY20. EBITDA stood at Rs 155.41 crore in Q1 FY21 which jumped 61.94 percent YoY. EBITDA margin stood at 29.76 percent up by 8.25 percent YoY.The inventory was as soon as trading at Rs 915.60, up Rs 85.50, or 10.30 percent at 11: 28 hours. It has touched a 52-week excessive of Rs 965.In accordance with Moneycontrol SWOT Prognosis powered by Trendlyne, the inventory is displaying stable momentum: ticket above short, medium and prolonged time interval inviting averages and FII / FPI or institutions are increasing their shareholding.Moneycontrol technical rating is terribly bullish with inviting averages and technical indicators being bullish.Disclaimer: The views and investment pointers expressed by experts on moneycontrol.com are their very comprise and now not these of the catch location or its administration. Moneycontrol.com advises customers to seek advice from licensed experts before taking any investment choices
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