ADF Foods Industries surged by 5% after strong Q2 results
Shital Jibhe / 29 Nov 2017
The share price of ADF Foods Industries was quoting Rs. 333.9, up Rs. 43.9, or 14.83 per cent on the BSE at 12:10 hours on Wednesday and hits its 52-week high mark.
The share price of ADF Foods Industries was quoting Rs. 333.9, up Rs. 43.9, or 14.83 per cent on the BSE at 12:10 hours on Wednesday and hits its 52-week high mark.
ADF Foods Limited is a holding company engaged in the business of Meal Accompliments, Can Food & Ready to eat and Frozen Foods.
As per the company’s annual report there has been a 90 per cent jump in its Q2 net profit at Rs. 5.9 crore against Rs. 3.12 crore in the same quarter last fiscal. The company’s net sales were Rs. 52.12 crore as compared to Rs. 51.91 crore during the second quarter ended on September 30, 2016.
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