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Ugro Capital surges on reporting over 5-fold jump in Q2 net profit
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Ugro Capital is currently trading at Rs. 302.85, up by 9.05 points or 3.08% from its previous closing of Rs. 293.80 on the BSE.
The scrip opened at Rs. 305.00 and has touched a high and low of Rs. 313.20 and Rs. 298.55 respectively. So far 55060 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 319.85 on 22-Aug-2023 and a 52 week low of Rs. 136.00 on 23-Dec-2022.
Last one week high and low of the scrip stood at Rs. 298.90 and Rs. 272.50 respectively. The current market cap of the company is Rs. 2811.49 crore.
The promoters holding in the company stood at 2.24%, while Institutions and Non-Institutions held 25.02% and 72.74% respectively.
Ugro Capital has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported over 5-fold jump in its net profit at Rs 28.89 crore for Q2FY24 as compared to Rs 5.27 crore for the same quarter in the previous year. Total income of the company increased by 63.33% at Rs 253.63 crore for Q2FY24 as compared Rs 155.29 crore for the corresponding quarter previous year.
UGRO Capital is engaged in providing financial services.
