Wanbury hits upper circuit on robust Q2 numbers
DSIJ Intelligence / 30 Nov 2016
Wanbury hit upper circuit on an intra-day basis on November 30. The shares of the company, which had previously closed at Rs 39.60, opened at Rs 41.55, up by 5.19 per cent, thereby hitting the upper circuit. The stock was seen trading in high volumes. The stock's 30-day SMA stood at Rs 45.41.
Wanbury hit upper circuit on an intra-day basis on November 30. The shares of the company, which had previously closed at Rs 39.60, opened at Rs 41.55, up by 5.19 per cent, thereby hitting the upper circuit. The stock was seen trading in high volumes. The stock's 30-day SMA stood at Rs 45.41.
The shares of Wanbury in the last one year had fallen by 22 per cent. On the other hand, in the last six months, the scrip has given a return of 5 per cent, thanks to the November 30 rally. The 52-week high/low of the stock stood at Rs 93.20/36.15.
In Q2FY17, the net sales of Wanbury stood at Rs 122.14 crore, an increase of 15 per cent as compared to Q2FY16. The company posted a net profit of Rs 7.07 crore, whereas in Q2FY16 the company reported a loss of Rs 2.43 crore. Therefore, the stock's EPS is also in the positive at Rs 3.54 for the quarter ended September 2016.
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