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Vaibhav Global is currently trading at Rs. 323.30, up by 4.05 points or 1.27% from its previous closing of Rs. 319.25 on the BSE. The scrip opened at Rs. 319.10 and has touched a high and low of Rs. 324.95 and Rs. 319.10 respectively. So far 4997 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 539.95 on 11-Apr-2022 and a 52 week low of Rs. 288.00 on 01-Jul-2022. Last one week high a...
Vaibhav Global surges as its arm partners with Vodafone Germany
The company reported standalone net profit of Rs 31.16 crore for the quarter ended March 31, 2022 as compared to Rs 21.04 crore in the same period last year, registering a year-on-year growth of 48.10 per cent. Net revenue of the company declined marginally by 2.85 per cent at Rs 109.82 crore in January-March quarter of this fiscal as against Rs 113.04 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 3.88 per cent to Rs 110.64 crore fr...
Vaibhav Global Q4 net profit jumps 48.10% at Rs 31.16 cr
Vaibhav Global is currently trading at Rs. 411.35, up by 10.15 points or 2.53% from its previous closing of Rs. 401.20 on the BSE. The scrip opened at Rs. 409.90 and has touched a high and low of Rs. 415.15 and Rs. 407.40 respectively. So far 2387 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1057.70 on 10-May-2021 and a 52 week low of Rs. 375.00 on 24-Feb-2022. Last one week high and low of the scrip stood at...
Vaibhav Global soars on acquiring stake in Encase Packaging
Vaibhav Global is currently trading at Rs. 731.15, up by 5.35 points or 0.74% from its previous closing of Rs. 726.20 on the BSE. The scrip opened at Rs. 738.80 and has touched a high and low of Rs. 758.60 and Rs. 725.45 respectively. So far 11021 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1057.70 on 10-May-2021 and a 52 week low of Rs. 368.00 on 19-Oct-2020. Last one week high and low of the scrip stood at...
Vaibhav Global gains on acquiring Shop LC GmbH
Going Strong Vaibhav Global Ltd (VGL) started the new fiscal year on strong note. Sales grew by 24% yoy to Rs 682 cr, despite high base of last year due to covid related high traction. Gross margins came at 65% vs 64.3%/61.2% in Q1FY21/Q4FY21. It is also highest in last 4-5 yrs. EBITDA margins improved to 13.4% vs 13.4%/11.8% in Q1/Q4. Current quarter includes the initial phase launch expenses of Gemrnay business. Excluding this the EBITDA grew by 34% vs reported growth of 24%. The company...
Buy Vaibhav Global Ltd For Target Rs.912 - Nirmal Bang
Ended FY21 with a Bang, Gearing Up for Future Vaibhav Global Ltd (VGL) reported robust sales growth of 33.7% at Rs 666 cr for Q4, led by retail business. For full year, the company reported sales growth of 28% at Rs 2540 cr, with volume growth of 30%, one of the highest in the history of the company. EBITDA margins improved to 14.6% for FY21 from 13.2% in FY20 backed by strong volumes. For Q4, margins were slightly better than last year at 11.8% vs 11.3%. Q4 is seasonally soft quarter w.r....
Hold Vaibhav Global Ltd For Target Rs.912 - Nirmal Bang
The company reported standalone net profit of Rs 21.04 crore for the quarter ended March 31, 2021 as compared to Rs 106.15 crore in the same period last year, registering a year-on-year decline of 80.18 per cent. Net revenue of the company rose substantially by 22.50 per cent at Rs 113.04 crore in January-March quarter of this fiscal as against Rs 92.28 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 23.92 per cent to Rs 106.51 cro...
Vaibhav Global Q4 net profit down 80.18% at Rs 21.04 cr
Increased guidance reflects higher visibility Vaibhav Global Ltd (VGL) reported robust sales growth of 28.7% at Rs 725 cr registering one of the highest ever EBITDA margins at 16.9%, an improvement of 220 bps yoy and 90 bps qoq. The strong performance was led by robust growth in retail business which grew 30% yoy. The company witnessed broad based growth with both the US and the UK growing at healthy rates during the quarter. In constant currency terms US grew 20% and UK 33% yoy. US grew d...
Hold Vaibhav Global Ltd For Target Rs. 3593 - Nirmal Bang
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