The stock surged 9 on the day.

The stock surged 9 per cent today.

Shares of the company zoomed 8 per cent on getting the final nod for Ketorolac Tromethamine Injection. 

Sales and net profit for FY22 on a consolidated basis were Rs 5,733 crore and Rs 586 crore, respectively. The company's ROE and ROCE as of the end of the FY22 period are 19.1 and 25.5 per cent, respectively. For the June quarter, on a consolidated basis, the company generated revenue of Rs 2,230 crore and a net profit of Rs 225 crore.    

The stock is trading at a PE multiple of 23.29x.  

Agarwal Industrial Corporation Ltd is the largest private player in domestic bitumen market. Bitumen is used as a raw material in about 90-95 per cent of the Indian roads.

The stock is down 24.6 per cent in the last 6 months, however, it is up more than 7 per cent in just the last five trading sessions. 

This company has a 96.8 per cent in market share in India’s commodity futures market.

Shares of the company surged more than 5 per cent today.

The stock rallied 4.32 per cent on October 20