Talwalkars Better Value Fitness stock surged over 6% on BSE at Rs 286.60 per share on Wednesday’s intraday trade.
The stock opened on a bullish note on NSE and attracted a traded volume of 83.048 shares and a traded value of Rs 3.46 lakhs on NSE on today’s trade.
The company consolidated revenue for the quarter stood at Rs. 104.9 crore, registered 17% Y-o-Y increase.
EBITDA for the quarter surged by 19.2% to Rs 92.6 crore. EBIDTA margin for the quarter stood at 88.3%.
The PAT reported at 24.6 crore for the quarter and increased by 21.8% Y-o-Y.
The company has witnessed a profit growth of 28.21% over the last 5 years.
Stock view:
Talwalkars Better value Fitness Ltd is currently trading at Rs 285.95, up by Rs 17 or 6.32% from its previous closing of Rs 268.95 on the BSE.
The scrip opened at Rs 279.9 and has touched a high and low of Rs 299 and Rs 272.7 respectively. So far 577061(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 798.91 crore.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 302.05 on 03-Oct-2016 and a 52 week low of Rs 207.55 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 275.55 and Rs 258.5 respectively.
The promoters holding in the company stood at 37.99 % while Institutions and Non-Institutions held 20.38 % and 41.64 % respectively.
The stock is currently trading above its 50 DMA.
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