JTL Industries jumps on reporting 21% rise in Q1 net profit
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JTL Industries is currently trading at Rs. 222.30, up by 4.80 points or 2.21% from its previous closing of Rs. 217.50 on the BSE.
The scrip opened at Rs. 219.95 and has touched a high and low of Rs. 224.00 and Rs. 218.50 respectively. So far 182027 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 276.60 on 28-Feb-2024 and a 52 week low of Rs. 167.10 on 12-Mar-2024.
Last one week high and low of the scrip stood at Rs. 224.00 and Rs. 212.30 respectively. The current market cap of the company is Rs. 3950.03 crore.
The promoters holding in the company stood at 54.24%, while Institutions and Non-Institutions held 6.11% and 39.64% respectively.
JTL Industries has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 21.01% rise in its net profit at Rs 30.70 crore for the quarter ended June 30, 2024 as compared to Rs 25.37 crore for the same quarter in the previous year. Total income of the company increased by 2.77% at Rs 519.56 crore for Q1FY25 as compared Rs 505.57 crore for the corresponding quarter previous year.
JTL Industries manufactures various grades of galvanised steel tubes and pipes.
