Coffee Day Enterprises Shares Gain As Losses Narrow

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Shares in Coffee Day Enterprises gained after the company managed to narrow its losses for the quarter ending Sept 30, 2015. The company's Q2 net losses were placed at Rs 9.3 crores, as against Rs 40 crores in the corresponding period of the previous year.

    Consolidated revenue for the company rose by 15 per cent to Rs .665.8 crore from Rs.577.2 crore a year ago, the company said.

    Coffee Day Enterprises Shares Gain As losses Narrow
    Same-store sales grew to 5.3 per cent from 4.6 per cent.
     

    The shares of the company were last trading at Rs 277, up 1.50 per cent over Monday's closing. Many investors have made losses in the IPO, which was priced at Rs 328.

    The IPO of the company got over-subscribed 1.81-times with demand worth Rs 2,000 crore, but, the retail portion was not fully subscribed.

    GoodReturns.in

    Read more about: coffee day enterprises ccd
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more