KCP Sugar announced its unaudited quarterly result on 28th of July 2016. Although the unaudited results were presentable, yet KCP Sugar share price went on dropping since 29th July 2016. But the Volume spurts in the stocks are indicating the faith of investors on the stock.
Unaudited Financials:
Income from Operations:The unaudited value for Income from operations stood at Rs.11,270.36 lakhs against that of Rs. 7210.62 lakhs in the corresponding quarter last financial year.
Total Expenses:Total expenses of the company went up to Rs. 9543.93 lakhs from that of Rs. 9,279.34 lakhs of the same quarter last year.
Other Income: Company’s other income fell drastically to Rs. 35.37 lakhs from Rs. 110.08 lakhs.
Net profit: The unaudited net profit of KCP Sugar stood at Rs. 1095.53 in compared to the loss of 2,185.36 lakhs in the corresponding quarter of the last financial year.
EPS: EPS went positive to 0.97 against the negative value of 1.93 in the Q1FY16.
KCP Sugar share price is currently trading at Rs. 36.0 with the noticeable drop of over 6%. There has been a continuous downfall in the share price of KCP Sugar since 29th July 2016. However, the stock has experienced the surge in the volume traded by around four times on 29th July 2016 and also on 1st August 2016 by 110%. KCP Sugar is the Multibagger for the month identified by Dynamic Levels. For more details on the stock visit KCP Sugar share price history page of the website.
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