CRH PLC expects second-half profits to be up year-on-year (if the weather behaves)
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HSIL revenue jumps to ₹416 crore, up by 65% YoY, maintaining strong EBITDA margins of 15 4%
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HSIL stock zooms 15% as net profit rises multifold in Q4
The stock has gained 295.75 per cent in one year and risen 64.5 per cent since the beginning of this year
BusinessToday.In | May 11, 2021 | Updated 14:21 IST
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Shares of HSIL jumped over 15 per cent after the company reported a multifold growth in net profit to Rs 33 crore for the quarter ended March 31. Profit in the year-ago period stood at Rs 3.38 crore.
The stock touched an intraday high of 199.90, rising 15.5 per cent. The stock has gained 295.75 per cent in one year and risen 64.5 per cent since the beginning of this year. Market cap of the firm rose to Rs 1,266.13 crore.
SRS Distribution Opens Nine New Locations Greenfield locations will play a key role in SRS Distribution’s expansion plans in 2021. Author
Building materials distributor SRS Distribution Inc., which is based in McKinney, Texas, announced recently that it has opened nine new greenfield locations. Of the nine, eight are within its Building Products Division and one in its Landscape Supply Division.
The Building Products locations are in Athens, Georgia; Pensacola, Florida; Portsmouth, New Hampshire; Kalamazoo, Michigan; Tifton, Georgia; Gulfport, Mississippi; Lakeville, Minnesota; and Lancaster, Pennsylvania. The Heritage Landscape Supply Group, a division of SRS, opened a new location in The Villages, Florida carrying a full line of landscape products.