with a market valuation of 92.24 Crore, Comfort Intake Limited is a Small-cap business operating in the Fast Moving Consumer Goods (FMCG) sector. The corporation trades products on the e-commerce marketplace platform, including but not limited to fans, textiles, water heaters and monoblock pumps. The company also acts as distillers, manufacturers, suppliers, bottlers, distributors, stockists, dealers, warehouse keepers, C&F agents, delcredere agents, marketers, traders and wholesalers of all types of spirits.
“Pursuant to Regulation 42 of the SEBI Listing Regulations, the Company has fixed Friday, April 14, 2023 as the record date for the purpose of determining the eligibility of shareholders for the purpose of sub-division of each existing Equity Share of face value . 10/- (Rupees Ten only) in Equity Shares of face value of Rs.Ten (10) each. 1/- (Rupee One only), fully paid-up, approved by the shareholders through postal ballot on March 24, 2023, Comfort Intake said in a stock exchange filing.
To determine the eligibility of shareholders for the purpose of subdivision of each existing equity share of face value of Rs. 10/- each in ten equity shares of face value of Rs. 1/- each, fully paid, the record date has been fixed.
During the quarter ending December 2022, the company reported a net income of Rs. 42.63 cr as against 38.88 crore was recorded during the quarter ending December 2021. Company’s net expense reached 39.24 Cr during Q3FY23 as compared to Rs. 37.61 Cr during Q3FY22 and its EBIT stood at As compared to 3.40 Cr during Q3FY23 1.27 crore was reported during Q3FY22. Comfort Intake said its net profit As against 2.51 Cr during Q3FY23 1.26 Cr during Q3FY22 and its EPS reached as compared to 0.78 during Q3FY23 0.39 in the corresponding quarter of FY22.
Comfort Intake shares closed on BSE on Friday 28.83 each level, down 0.28% from its previous close 28.91. The stock registered an aggregate volume of 55,237 shares and a distributable volume of 33,520 shares or 60.68%. In last 5 years, the stock has generated multibagger returns of 104% and in last 3 years, it has generated whopping multibagger returns of 1,142.67%. In last 1 year, the stock has gained 31% and on YTD basis, it has gained 5% in 2023 so far. The stock has touched a 52-week high. 37.40 (23/02/2023) and at 52-week low 19.80 on (10/10/2022), indicating that at the current market price, the stock is trading 22.91% down from 1-year high and 45.60% up from 1-year low. During Q3FY23, the company registered a promoter shareholding of 57.46% and public shareholding of 42.54%.
Know your inner investor
Do you have guts of steel or are you a victim of insomnia regarding your investments? Let’s define your investment approach.
catch all business News, market news, today’s fresh news events and Breaking News Update on Live Mint. download mint news app To get daily market updates.