Latest News | BIZ-STOCKS-BAJAJ CONSUMER Bajaj Consumer Care Shares Jump 20 Pc After Q3 Earnings
Get latest articles and stories on Latest News at LatestLY. Shares of Bajaj Consumer Care on Wednesday jumped 20 per cent after the company reported a 17.54 per cent rise in consolidated profit for the third quarter ended December 2020.
New Delhi, Feb 3 (PTI) Shares of Bajaj Consumer Care on Wednesday jumped 20 per cent after the company reported a 17.54 per cent rise in consolidated profit for the third quarter ended December 2020.
The stock zoomed 20 per cent to close at Rs 255.95 -- its upper circuit limit and also one-year high -- on BSE.
On NSE, it gained 19.98 per cent to close at Rs 255.80.
The company on Wednesday reported a 17.54 per cent rise in consolidated profit at Rs 57.29 crore for the third quarter ended December 2020.
The company had posted a profit of Rs 48.74 crore in the October-December quarter a year ago.
The company's total income during the quarter increased by 16.25 per cent to Rs 257.61 crore as against Rs 221.60 crore in the corresponding quarter a year ago, Bajaj Consumer Care said in a BSE filing.
In a separate filing, Bajaj Consumer Care said its board has recommended an interim dividend of Rs 6 per equity share for the year 2020-21.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)