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Wednesday, December 14, 2016

S H Kelkar Share Price skids Intraday on Wednesday


SH KelkarS H Kelkar & Company Ltd was established in the year 1955. It is a Mid Cap company which has a market cap of Rs 4470.95 (Cr) and operates in the Chemicals sector. The stock has slipped 4per cent during the second half of 14thNov’s trade. The stock volume spurted by more than 68.33 times.
SH Kelkar & Company, the Fragrance maker today disclosed more than three-fold jump in consolidated net profit at Rs 24.29 crore for the quarter ended on September 30, 2016 as compared to  that of Rs 9.95 crore in the same period last year. Total income from operations on a consolidated basis is recorded at Rs 243.78 crore during the quarter under review versus Rs 207.75 crore in the year-ago period, as per its statement. The domestic division continued to deliver huge topline growth of 26 per cent, while the performance in the international segment remained muted.
SH Kelkar share price touched its new yearly high value on 1st Sep ’16 at Rs. 354.85 whereas the 52 week low value is seen at Rs.205.00 (12-FEB-16).
S H Kelkar & Company Ltd. key Products/Revenue Segments are Fragrance which contributes Rs 518.74 Cr to Sales Value (92.47per cent of Total Sales), Aroma Ingredients which contributes Rs 41.23 Cr to Sales Value (7.35per cent of Total Sales), Scrap which contributes Rs 0.96 Cr to Sales Value (0.17per cent of Total Sales), for the year ending 31st Mar 2016.
S H Kelkar is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run. In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to S H Kelkar share price history.

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