, a packaging company, during Wednesday’s trading sessions has clocked gains of over 5% as the company registered a steep rise in net profit in the fourth quarter of 2017.
The company’s net profit witnessed a rise by 25.62% to Rs 98.19 crore as against to Rs 78.16 crore in the year-ago quarter.
The total income for the quarter rose 11% to Rs 1,709.77 crore, compared to Rs 1,540.33 crore in the corresponding quarter of last year.
The multi-bagger stock has gained as much as 240% in the last three years and has risen 84% in the last one year.
The stock has delivered 84% returns in a period of one year and has outperformed the BSE Small cap and Nifty Commodities indices in the same time period.
Uflex Ltd is currently trading at Rs 345.05, up by Rs 9.35 or 2.79% from its previous closing of Rs 335.7 on the BSE.
The scrip opened at Rs 339 and has touched a high and low of Rs 354 and Rs 339 respectively. So far 210909(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2424.09 crore.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 393.85 on 17-May-2017 and a 52 week low of Rs 187 on 31-May-2016. Last one week high and low of the scrip stood at Rs 361.6 and Rs 333 respectively.
The promoters holding in the company stood at 44.02 % while Institutions and Non-Institutions held 11.27 % and 44.71 % respectively.
The stock is currently trading above its 50 DMA.