Shares of Shreyas Shipping
jumped after the it posted a profit at Rs23cr for March quarter against loss of Rs12.6cr in same period last year.
The company’s revenue from operations increased by 65% to Rs158.5cr compared to Rs96cr in corresponding period last year.
The stock is currently trading at Rs582.60 up by Rs63.4 or 12.21% from its previous closing of Rs519.20 on the BSE.
The scrip opened at Rs522 and has touched a high and low of Rs590 and Rs518 respectively.