HDIL shares jump nearly 12% on robust Q1 show
The stock jumped 11.59 percent to settle at Rs 26 on BSE. During the day, the stock zoomed 13 percent to Rs 26.35.
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- India
Shares of realty firm HDIL today soared nearly 12 percent after the company reported more than threefold jump in consolidated net profit.
The stock jumped 11.59 percent to settle at Rs 26 on BSE. During the day, the stock zoomed 13 percent to Rs 26.35.
At NSE, shares of the company climbed 11.37 percent to close at Rs 25.95.
HDIL today reported more than threefold jump in consolidated net profit at Rs 24.70 crore on higher sales.
Its net profit stood at Rs 7.54 crore in the year-ago period, the Mumbai-based company said in a regulatory filing.
Total income rose to Rs 171.35 crore during April-June, 2018-19 from Rs 89.65 crore in the year-ago period.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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