NACL in limelight
By Ruma Dubey
about 18 days ago
NACL is doing pretty well today; from its close of Rs.86.56, it opened today at Rs.93.99 and rose to hit an intraday high at Rs.101.90 and volumes are up more than 7.5x. Its 52-week high stands at Rs.110.80.
The market has given its earnings for Q4FY23 a big thumbs up. Its net profit for the quarter jumped up 98% (YoY) to Rs.42 crore on the back of a 27% rise in revenue at Rs.600 crore.
EBITDA was up 67.5% to Rs.67 crore while margins went up from 8.37% to 11.25%.
The company declared a dividend of Rs.0.25/share.