Speciality Retail Stock Hit 5% Upper Circuit, 29% Gain In 5 days; Here's Why

During the session on Tuesday, the shares of Bhatia Communication and Retail India Limited had hit an upper circuit of five percent and the shares of the company with a market cap of Rs 464 crore had reached a 52-week high of Rs 37.05.

The shares of Bhatia Communication and Retail India Limited have given a return of 29 percent to the investors in the last 5 days while in the last one month it has given a return of 71 percent from the level of Rs 21.70.

Bhatia Communication shares have given 98 percent return to investors in the last 6 months from the level of Rs 18.74. Bhatia Communication & Retail India Limited is a multi-brand consumer durables, electronics and electrical appliances retailer with a wide range of products. The company operates in South and Central Gujarat and surrounding areas.

Bhatia Communications has informed the stock market that the company's board of directors met on February 12, in which the results for the third quarter of the current financial year have been approved.

Bhatia Communications has informed the stock market that its income from operations in the third quarter of the current financial year stood at Rs 116.78 crore, which was Rs 100.45 crore in the previous quarter and Rs 97.02 crore in the third quarter of the last financial year.

Bhatia Communication & Retail India Limited is a multi-brand consumer durables, electronics and electrical appliances retailer with a wide range of products. The company operates in South and Central Gujarat and surrounding areas.