The Nifty closed above 11,380 and managed to remain in the green. Hawkins Cookers and Kridhan Infra both registered significant percentages of growth on intraday Tuesday.
Hawkins Cookers:
The price of Hawkins Cookers share increased 9% intraday Tuesday due to the June 2018 quarter ended with the strong numbers. The net profit of Q1 was up 132% at INR 10.7 Crore against INR 80.8 crore in the Q1 quarter last year. The revenue increased 49.5% at INR 120.7 crore against INR 80.0 crore.
EBITA (Earnings Before Interest, Taxes, Depreciation & Amortization) was at INR 16.7 Cr. & margin was up a significant 13.9%. 07 August 2018 15:46 hrs Hawkins Cooker was at INR 2,958.10 up INR 135.05 or 4.78%
Kridhan Infra Ltd.
Kridhan Infra raised 10.6% intraday Tuesday as its associate company – Vijay Nirman Company got a new project of around INR 132.6 crore. The project has been given for the civil works for the fertilizer plant in Gorakhpur, UP & the timeframe is approximately 1 year and 2 months.
At 7 August 2018 15:30 IST, Kridhan Infra Ltd was quoting at INR 79.00 up INR 2.85 or 3.74%.