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20/07/2022 11:42:22 AM | Source: Accord Fintech
Shemaroo Entertainment rises on turning black in Q1
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Shemaroo Entertainment rises on turning black in Q1

Shemaroo Entertainment is currently trading at Rs. 112.45, up by 0.20 points or 0.18% from its previous closing of Rs. 112.25 on the BSE.

The scrip opened at Rs. 112.40 and has touched a high and low of Rs. 113.05 and Rs. 110.10 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.70 on 23-Sep-2021 and a 52 week low of Rs. 92.50 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 120.00 and Rs. 102.65 respectively. The current market cap of the company is Rs. 305.66 crore.

The promoters holding in the company stood at 65.88%, while Institutions and Non-Institutions held 0.23% and 33.89% respectively.

Shemaroo Entertainment has reported results for first quarter ended June 30, 2022.

The company has reported net profit of Rs 0.29 crore for the quarter under review as compared to net loss of Rs 0.96 crore for the same quarter in the previous year. Total income of the company increased by 28.32% at Rs 93.56 crore for Q1FY23 as compared Rs 72.91 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 0.43 crore for the quarter under review as compared to net loss of Rs 1.36 crore for the same quarter in the previous year. Total income of the company increased by 30.11% at Rs 97.66 crore for Q1FY23 as compared Rs 75.06 crore for the corresponding quarter previous year.

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