Shreyas Shipping stock jumps 12% after Q4FY18 numbers

The company’s revenue from operations increased by 65% to Rs158.5cr as compared to Rs96cr in the corresponding period last year.

May 25, 2018 08:05 IST India Infoline News Service

Shreyas Shipping
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.

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