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Skipper Ltd. Stock Hit 52-Week High, Up By 20% In Trade, As Q2 Total Income Rallies 87%
The share price of Skipper Limited hit a fresh 52-week high today, gaining by around 20% intra day. The current market price of the company stood at Rs. 85.05/share on NSE. The company's PAT in Q2 FY23 gained to Rs. 282.17 million, up from Rs. 331.24 million in the last quarter, up by 4%. Additionally, its total income in Q2 FY23 stood at Rs. 1.120.72 million, up from Rs. 914.60 million in the earlier quarter, gaining by 87% the company informed on November 14.
In the last 1 month, the share of the stock gained by 22.46%. Its stock price gained by 45.51% in the last 6 months, and in the last 1 year this multibagger stock has surged by 17.88%. It is a small-cap stock with a market capitalization of Rs. 873 crore.
The 52-week high level of this stock is Rs. 85.05, and the 52-week low level of this stock is Rs. 50.10.
| Market capitalization | Current market price | 1 year upside | 6 months upside |
|---|---|---|---|
| Rs. 873 crore | Rs. 85.05 | 17.88% | 45.51% |
Skipper Limited is one of the world's largest integrated Transmission Tower manufacturing companies with Angle Rolling, Tower, Accessories & Fastener manufacturing and EPC line construction. Iys manufacturing capacity is the largest in India and among the top 10 in the world. Skipper's market reach spans across 40+ countries around the globe from South America, Europe, Africa, the Middle East, South and Southeast Asia and Australia.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, brokerage firm, and the author are not liable for any losses caused as a result of decisions based on the article.
