Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%

Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%

The shares of Bikaji Foods International surged by 10% to day’s high of Rs 918 on BSE post the results of Q2. The revenue from operation grew by 18.5% year-on-year to Rs 7,212 million with profit of 15% YoY. EBITDA grew by 21.7% on a yearly basis to Rs 686 million. The profit after tax … Read more

Is Bikaji Foods headed towards crispier returns in the long run?

Is Bikaji Foods headed towards crispier returns in the long run?

Along expected lines, Bikaji International made a decent debut on Dalal Street on Wednesday. The scrip, in comparison to the issue price of Rs 300, got listed at a premium of 8% at Rs 322.80 on National Stock Exchange (NSE) and at a premium of 7% at Rs 321.15 on BSE. However, following the listing, … Read more