Inflame Appliances shines on reporting 2- fold jump in chimneys sale during Q4FY23
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Inflame Appliances is currently trading at Rs. 446.25, up by 33.25 points or 8.05% from its previous closing of Rs. 413.00 on the BSE.
The scrip opened at Rs. 444.00 and has touched a high and low of Rs. 454.00 and Rs. 436.00 respectively. So far 10250 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 660.00 on 02-Sep-2022 and a 52 week low of Rs. 315.25 on 22-Jun-2022.
Last one week high and low of the scrip stood at Rs. 454.00 and Rs. 411.00 respectively. The current market cap of the company is Rs. 332.55 crore.
The promoters holding in the company stood at 43.77%, while Non-Institutions held 56.23% stake in the company.
Inflame Appliances has manufactured and sold 39,970 chimneys for the quarter ended March 2023 (Q4FY23) as against 19,616 chimneys last year, i.e. 2- fold jump. For the year ended March 2023 (FY2022-23) the company has manufactured and sold 161,273 chimneys vs 75,063 chimneys in the previous year, reporting volume growth of 2- fold jump.
Inflame Appliances is engaged in manufacturing of LPG Gas Stove/ Cooktops in various range.
