Bikaji Foods Shares Soar 8% To Fresh High After Robust Q1 Results
Bikaji Foods shares soared over 8 per cent on August 2 to scale a fresh peak of Rs 777 apiece on the National Stock Exchange (NSE). The stock has gained investors’ interest as the snacks manufacturer recently reported strong earnings for Apr-June quarter.
The company reported a 40.2 per cent increase in its consolidated net profit to Rs 58.06 crore in the fiscal first quarter ended in June 2024. Its revenue from operation rose 15.24 per cent YoY to Rs 555.12 crore in the quarter under review.
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