Upper circuit stock: Yasho Industries zooms on a volatile market day
In today's trading session, the market is depicting a volatile performance. However, the stock, which is attracting the eyes of the investors, is Yasho Industries.
Yasho Industries has announced its audited financial results for the quarter and financial year ended March 31, 2021.
Following is the summary:
- EBITDA at Rs 19.2 crore, growth of 76 per cent on a YoY basis
- PAT at Rs 9.1 crore, growth of 288 per cent on a YoY basis
- Production volume stood at 2,325 MT, a growth of 38 per cent on a YoY basis
- The board of directors has recommended the dividend of Rs 0.50 per equity share of the face value of Rs 10 each for FY21
Yasho Industries Limited is a leading Indian global manufacturer & supplier of speciality and fine chemicals. The stock has recorded strong YTD returns of 176.34 per cent as against the returns of 250.91 per cent over the period of one year.
On Friday, Sensex is up by 0.18 per cent whereas Yasho Industries is trading at Rs 442.15, which is 5 per cent up on BSE.