Jagatjit Industries jumps on turning black in Q2FY23
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Jagatjit Industries is currently trading at Rs. 78.80, up by 1.00 points or 1.29% from its previous closing of Rs. 77.80 on the BSE.
The scrip opened at Rs. 76.25 and has touched a high and low of Rs. 79.40 and Rs. 75.55 respectively. So far 616 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.95 on 10-Jan-2022 and a 52 week low of Rs. 53.10 on 29-Jun-2022.
Last one week high and low of the scrip stood at Rs. 81.80 and Rs. 75.55 respectively. The current market cap of the company is Rs. 363.65 crore.
The promoters holding in the company stood at 74.72%, while Institutions and Non-Institutions held 0.04% and 25.24% respectively.
The company has reported net profit of Rs 1.14 crore for Q2FY23 as against net loss of Rs 1.70 crore for the corresponding quarter previous year. Total income of the company increased by 45.04% to Rs 174.95 crore for the quarter under review as compared to Rs 120.62 crore for the same quarter in the previous year.
Jagatjit Industries is one of the largest IMFL players in the country was set up in the year 1944, in the erstwhile State of Kapurthala. The company manufactures the entire range of alcoholic beverages i.e. Whisky, Rum, Gin and Vodka.
