DCM Shriram at near 2-month high after strong Q4

Reuters Mumbai | Updated on May 02, 2019 Published on May 02, 2019

Shares of DCM Shriram Ltd rose up as much as 11.5 per cent, their biggest daily per cent gain since March 5.

The company posted a nearly six-fold jump in the March-quarter consolidated profit on Wednesday.

Around 3,66,664 shares changed hands, compared with the 30-day average of about 1,34,600 shares. The stock has posted its highest since March 6.

Up to Tuesday's close, the stock had risen 28.53 per cent this year.

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Published on May 02, 2019
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