Trending Stocks: Why these 3 stocks including Vascon Engineers remained in today’s trending stocks – three trending stocks to watch out for today
[ad_1]
Vascon Engineers: Shares of Vascon Engineers gained 7% on 15 May. Because the company posted strong growth in quarterly earnings. Its profit and operating income grew by triple digits. The scrip had closed at Rs 39.3 on the NSE yesterday. Profit grew by 358.5% to Rs 49.61 crore for the quarter ended March FY23. This reflects the excellent topline and operation.
Vesuvius India: Vesuvius India’s net profit for the quarter ended March 2023 increased by 83.45% to Rs 43.35 crore. While it was Rs 23.63 crore in the same quarter last year. Following this news, the stock closed in the upper circuit at Rs 2,267.25 per share. This was its 52-week high. The stock also saw an increase of 10.25 times in its volume.
NGL Fine-ChemDue to excellent operating performance, the company’s profit grew 35.8% year-on-year to Rs 9.3 crore for the quarter ended March 31 this year. The company’s raw material and financing expenses declined dramatically year over year. In the fourth quarter, revenue from operations declined 12% to Rs 73.9 crore as compared to the previous year.
This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.
(Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified. .)
[ad_2]
Source link
