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Funding
oi-Roshni Agarwal
As per bulk offers knowledge on the BSE, ace investor Dolly Khanna appears bullish on the scrip of Simran Farms and has purchased stake within the agency twice within the final 1-week. Khanna at present purchased 19642 shares at a value of Rs. 167.96 per share. Whereas the scrip in at present’s commerce (November 29, 2021) settled at a value of Rs. 173.45 per share, hitting 5 % higher circuit on the BSE. The scrip shouldn’t be traded on the NSE.
On November 24, 2021 additionally, Khanna purchased 22,344 shares within the scrip at a value of Rs. 135.19 apiece.
The aggressive energy as highlighted are the corporate’s growing internet money circulate and money from working exercise. In a 1-year interval the scrip has generated return of 160%, whereas on a 12 months thus far foundation, the inventory’s return are at 150%.
The small cap firm, based within the 12 months 1984, was a public restricted firm within the 12 months 1993. Indore, MP based mostly firm is dedicated to offering dietary poultry merchandise.
Within the lately concluded September quarter of Fy 22, the corporate’s revenue from operations surged QoQ to Rs. 112.44 crore, whereas internet revenue declined to Rs. 3.07 crore as in opposition to Rs. 5.69 crore within the June ended quarter.
A number of the firm’s listed friends embody Venkys, Uniroyal Marine and Ovobel Meals amongst others.
GoodReturns.in
Story first printed: Monday, November 29, 2021, 23:35 [IST]
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