Hot Pursuit     01-Aug-17
DCM Shriram spurts after good Q1 result
DCM Shriram surged 5.18% to Rs 387.25 at 15:12 IST on BSE after consolidated net profit rose 39.65% to Rs 233.47 crore on 35.16% rise in net sales to Rs 1941.26 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 31 July 2017.

Meanwhile, the BSE Sensex was up 70.32 points, or 0.22%, to 32,585.26. The S&P BSE Mid-Cap index was up 64.46 points, or 0.42% to 15,454.03.

On BSE, so far 5.95 lakh shares were traded in the counter, compared with an average volume of 15,823 shares in the past one quarter. The stock hit a high of Rs 404.80 and a low of Rs 365.15 so far during the day. The stock hit a record high of Rs 411.40 on 12 June 2017. The stock hit a 52-week low of Rs 195.85 on 26 December 2016.

The mid-cap company has an equity capital of Rs 32.48 crore. Face value per share is Rs 2.

Commenting on the performance for the quarter, in a joint statement, Ajay Shriram, Chairman & Senior Managing Director, and Vikram Shriram, Vice Chairman & Managing Director, said the company achieved satisfactory results in Q1 June 2017 led by significant volume and profits growth in chemicals and sugar business.

DCM Shriram is an integrated business entity, with extensive and growing presence across the entire agri value chain and chloro-vinyl industry. The company has added innovative value- added businesses in these domains primarily bioseed and fenesta.

Previous News
  DCM Shriram fixes record date for interim dividend
 ( Market Beat - Reports 27-Feb-24   13:49 )
  DCM Shriram consolidated net profit declines 36.89% in the March 2024 quarter
 ( Results - Announcements 07-May-24   07:31 )
  DCM Shriram consolidated net profit rises 77.27% in the June 2024 quarter
 ( Results - Announcements 24-Jul-24   07:30 )
  DCM Shriram jumps after board OKs to foray into chemical business
 ( Hot Pursuit - 27-Feb-24   16:50 )
  Volumes jump at DCM Shriram Ltd counter
 ( Hot Pursuit - 18-Mar-24   11:00 )
  DCM Shriram consolidated net profit declines 29.50% in the September 2019 quarter
 ( Results - Announcements 24-Oct-19   17:04 )
  Board of DCM Shriram recommends interim dividend
 ( Corporate News - 27-Feb-24   14:13 )
  Board of DCM Shriram recommends final dividend
 ( Corporate News - 07-May-24   09:48 )
  Volumes jump at DCM Shriram Ltd counter
 ( Hot Pursuit - 18-Mar-24   14:30 )
  DCM Shriram consolidated net profit declines 74.84% in the September 2023 quarter
 ( Results - Announcements 31-Oct-23   07:28 )
  DCM Shriram consolidated net profit declines 68.74% in the June 2020 quarter
 ( Results - Announcements 21-Jul-20   14:45 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top