Locked in 20% Upper Circuit, CDGS Company Announces Over 13% Jump in PAT

with a market valuation of 11,421.20 crore, National Standards (India) Limited is a medium-sized company operating in the Consumer Discretionary Goods and Services (CDGS) industry. The company currently operates in the real estate development industry. In the quarter ending December 2022, National Standard India’s net profit or PAT grew by 13.29% from 3.24 crores 2.86 crore reported in the year-ago quarter. On a YoY basis, National Standard (India) reported a whopping 19233.33% growth in revenue from operations. 0.03 Cr reported in Q3FY22 5.80 crore in Q3FY23. The company reported an EPS compared to 1.62 1.43 reported in the same quarter last year.

On Friday, the shares of National Standard (India) closed at the upper circuit limit of 20% on BSE. 5710.60 each level as compared to previous close 4758.85. The stock recorded a total volume of 2,030 shares as compared to 20-day average volume of 111 shares. Share. achieved an intraday high of 5710.60 and a day’s low 4520.00 during its previous trading session, which opened at a price of 4770.00.

share price has increased from 21.90 as on Jan 23, 2018 at the current market price, an all-time high of 25,975.80% during the last five years. Therefore, a An investment of one lakh placed in the company five years back would be worth today 2.60 crores.

share price increased from 47.15 at the current market price during the last three years as on April 8, 2020, resulting in a multibagger return of 12,011.56%. As a result, investment of 1 lakh made in stock three years ago will be worth now 1.21 crores. However, in last 1 year, the stock has fallen 49.26% and on YTD basis, it has gained 41.53% in 2023 so far. It has appreciated 33.29% in last month and 40.97% during last five trading sessions.

The stock touched a 52-week high 13,780.00 (13/01/2022) and 52-week low 3,711.05 (23/12/2022), indicating that at the current market price, the stock is trading 58.55% below its 1-year high and 53.88% above its 1-year low. For the quarter ending December 2022 or Q3FY23, the company posted promoter shareholding of 73.94% and public shareholding of 26.06%. At Friday’s closing price, the stock was seen trading above 5 day, 10 day, 20 day, 50 day, 100 day and 200 day SMAs.


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