Responsive Industries has witnessed an exceptional rally within the final three buying and selling classes after the corporate introduced its quarterly and half-yearly numbers for the interval ended September 2021 on December 28, 2021.
The inventory has zoomed a whopping 65.1 per cent from ranges of Rs 106.85 (closing value on December 28) to an intraday excessive of Rs 176.50 at the moment.
As of 11 am, the inventory was up 16.3 per cent at Rs 175.20, backed by a quantity of 1.84 shares versus its two-week common traded quantity of round 82,000 shares on the BSE. In the meantime, the BSE Sensex was up 0.7 per cent at 58,174.
In keeping with the discharge issued by the corporate to the BSE, for the half-year ended September 2021. The corporate reported a turnaround with a internet revenue of Rs 6.60 crore as in opposition to a internet lack of Rs 4.13 crore for the half-year ended September 2020. Whole revenue grew by 14.7 per cent to Rs 180.93 crore from Rs 157.72 crore in the identical abvoe talked about interval.
Nonetheless on the quarterly foundation, the corporate’s internet revenue for the quarter ended September 2021 declined by 16 per cent to Rs 4.85 crore when put next with Rs 5.77 crore revenue reported within the September 2020 quarter. Whole revenue, nonetheless, was roughly comparable round Rs 110 crore.