Sarda energy share price moved higher by 7.67 per cent on the NSE today. An increase in the price of base metals was seen recently. A price rise in base metals always leaves a positive impact on the metal sector, leading to excessive buying.
Another reason for the increase in Sarda Energy share price is that it recently posted its Q2 results. Its September quarter’s net profit stood at 125.4 million rupees as compared to 35.8 million rupees year ago. The company’s net sales stood at 2.53 billion rupees as compared to 2.60 billion rupees year ago.
The market cap of Sarda Energy amounts to Rs. 727.48 (Cr) while the book value stands at 337.78. The one-month return percentage stands at -16.73.
Meanwhile, Sarda Energy share price was trading nearly 8 per cent up at Rs.217.70, after hitting a day’s high of Rs.219.70 and day’s low of Rs.208.50. The trading volumes on the NSE counter stood at 1,14,615 having a traded value of Rs. 246.26 lacs. The average volume of 20 days of the scrip reads at 287959 shares. From a previous closing of Rs. 202.20, the stock today opened at Rs.211. The lower price band of the stock read at Rs.161.80 while the upper price band was recorded at Rs.242.60.
Out of the Top 500 Shares, Sarda energy is one of the Multibagger Stocks, identified by Dynamic Levels Researchers and stock analysts. The stock can be a great investment opportunity which can give you high return. The scrip is a well analysed multibagger stock, based on Dynamic Levels’ technical and fundamental research, traded in very high volumes.
For other information on the resistance and support levels of the scrip and also to know more about financials and fundamentals of the stock, please pay a visit to Sarda energy share price history.
No comments:
Post a Comment