Shares of Max Ventures and Industries Ltd jumped as much as 15.6 per cent to Rs 44.8, their biggest intra-day per cent gain since December 14, 2018.
The company, which primarily operates in the manufacturing and real estate areas, posted June-quarter profit of Rs 24.18 crore ($3.43 mln) against a loss of Rs 8 crore in the previous year.
The company's revenue more than doubled to Rs 426 crore. Up to last close, the stock was down 27.2 per cent this year ($1 = 70.5350 rupees).
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.