Sansera Engineering's Q1 Numbers Propel Shares to 52-Week High

2 Aug 2023 , 12:50 PM

Sansera Engineering’s shares surge nearly 4 %, hitting a new 52-week high of Rs 998.20 apiece post strong Q1 numbers. At the time of writing, the stock trades 2.36 % higher at Rs 972 on the NSE.

Quarterly net profit rises 31.1 % YoY to Rs 44.7 crore. Revenue from operations jumps 24 % YoY to Rs 660 crore. EBITDA increases by 24.9 % YoY to Rs 114.3 crore, with operating margins remaining flat at 17.3 %.

Over the last six months, Sansera Engineering’s stock has delivered a return of 35.46 %, outperforming the Nifty50 benchmark index, which returned 11.17 % during the same period.

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