11-04-2022 12:31 PM | Source: Accord Fintech
Apar Industries trades higher on the BSE
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Apar Industries is currently trading at Rs. 1448.00, up by 14.20 points or 0.99% from its previous closing of Rs. 1433.80 on the BSE.

The scrip opened at Rs. 1438.65 and has touched a high and low of Rs. 1451.90 and Rs. 1432.60 respectively. So far 1901 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1590.00 on 28-Oct-2022 and a 52 week low of Rs. 558.60 on 11-May-2022.

Last one week high and low of the scrip stood at Rs. 1590.00 and Rs. 1356.60 respectively. The current market cap of the company is Rs. 5530.77 crore.

The promoters holding in the company stood at 60.64%, while Institutions and Non-Institutions held 23.07% and 16.31% respectively.

Apar Industries has reported results for second quarter ended September 30, 2022.

The company has reported rise of 99.25% in its net profit at Rs 111.62 crore for Q2FY23 as compared to Rs 56.02 crore for the corresponding quarter previous year. Total income of the company increased by 39.20% to Rs 2923.27 crore for the quarter under review as compared to Rs 2100.02 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 80.40% in its net profit at Rs 102.63 crore for the quarter under review as compared to Rs 56.89 crore for the same quarter in the previous year. Total income of the company increased by 42.81% to Rs 3247.10 crore for the quarter under review as compared to Rs 2273.77 crore for the same quarter in the previous year.