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Venky's India stock zooms 16%, rises after four sessions

Shares of Venky’s India zoomed nearly 16% today and were among the top gainers on BSE. The stock has gained after four days of consecutive fall. The rally in the poultry company’s stock comes amid the ongoing football world cup in Qatar which has led to a rise in demand for eggs. Gulf nations are turning to India to bridge the widening gap between demand and supply. ....

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Venkys (India) Share Price : Live NSE/BSE Stock Price Today

Venkys (India) Share Price : Live NSE/BSE Stock Price Today
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Venkys (India) rallies 10%, hits 52-week high post Q4 results

Shares of Venky’s (India) hit a 52-week high of Rs 1,968.60 after rallying 10 per cent on the BSE in intra-day trade on Wednesday after the company reported a standalone net profit of Rs 77.90 crore for the quarter ended March 2021 (Q4FY21). It had posted a net loss of Rs 96.73 crore in the year-ago quarter. On a sequential basis, the net profit was down 27 per cent from Rs 106.50 crore as the company witnessed some negative impact due to outbreak of bird flu.
The company’s revenue from operations grew 42 per cent to Rs 941.35 crore from Rs 660.86 crore in the corresponding quarter of previous fiscal. It reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of Rs 111.17 crore against a loss of Rs 117.53 crore. ....

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