📈 Dhabriya Polywood Share Price Soars by 1.76% to Rs. 300.70
Thursday, 4th April 2024: Dhabriya Polywood Limited’s share price closed at Rs. 300.70 with a 1.76% increase, up from Rs. 299 on Thursday. The company’s market capitalization stands at Rs. 325.49 crore, with a 52-week high of Rs. 428 and a 52-week low of Rs. 108.05.
📊 Company Receives Orders Worth Rs. 9.26 Crore
Dhabriya Polywood, known for manufacturing PVC and UPVC-based products for internal and external activities, recently announced receiving two orders totaling Rs. 9.26 crore. The first order, worth Rs. 5.66 crore, is from Radiance Realty Group for supplying windows and doors. The second order, valued at Rs. 3.60 crore, is from M3M Group for supplying and installing wardrobes.
💰 Impressive Financial Performance in Q3 FY23
In the third quarter of the financial year 2023, Dhabriya Polywood reported a 29.5% increase in net sales, reaching Rs. 52.02 crore. The company’s net profit surged by 48% to Rs. 3.33 crore, while operating profit increased by 87.4% to Rs. 10.88 crore. The order book as of 31st December 2023 stands at over Rs. 100 crore.
📉 Stock Performance and Returns
Despite a 3% increase in the past month, Dhabriya Polywood’s share price has declined by 11% in the last six months and 18% year-to-date. However, over the past year, the stock has delivered an impressive return of 132%. Investors have earned a substantial profit of 925% over the last four years.
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