The share of Senlab Industries has increased by 114.29% over the previous year.
An investment of Rs 1 lakh in Cenlab Industries stock three years ago would have grown to Rs 9.90 lakh now.
In the last three years, the share price of Senlab Industries Ltd. has gained by 867.12%. Microcap stock hit an intraday high of Rs 255.95 on BSE today after closing at Rs 25.85 on April 9, 2020. Three years ago, an investment of Rs 1 lakh in the stock of Cenlab Industries would have grown to Rs 9.90 lakh now. In contrast, the Sensex has gained 93.24% in the same period.
Meanwhile, the stock of Cenlab Industries has been declining for the last three sessions. As compared to yesterday’s closing price of Rs 251.30, the stock was trading at Rs 252.75, up 0.58% today. The stock had touched an intraday high of Rs 255.95 on the BSE. Technically, the Relative Strength Index (RSI) of the stock stands at 74.1, indicating that it is trading in an overbought zone. With a beta of 0.8, shares of Cenlab Industries exhibit relatively low one-year volatility. Shares of Cenlab Industries are trading above their respective moving averages of five, twenty, fifty, one hundred and two hundred days.
The stock has gained 114.29% over the last year and 87.15% in this whole year. A total of 3,487 shares of the company were traded, resulting in a turnover of Rs 8.74 lakh on BSE. The market value of the company rose to Rs 117.85 crore on BSE. For the three months ending December 2022, eight promoters controlled 51.48 per cent of the company, while 4,731 public shareholders owned 48.52 per cent. Of these, 4,541 public shareholders held 14.59 lakh shares, or 31.30%, with capital up to Rs 2 lakh. For the quarter ending December 2022, only seven shareholders, representing 6.57 per cent shares, had a capital of more than Rs 2 lakh.
Net profit grew by 365.79 per cent to Rs 3.54 crore in the December quarter of the previous fiscal from Rs 0.76 crore in the December 2021 period. Sales grew by 27.10 per cent to Rs 15.62 crore in the third quarter from Rs 12.29 crore in the quarter ending December 2021. The annual income for the financial year ended March 2022 shows that the company’s profit grew by 74.56 per cent to Rs 7. 4.01 crore in the previous year from Rs. The profit for the March 2022 financial year was Rs 2.76 crore. Sales grew by 28 per cent to Rs 52.42 crore from Rs 40.96 crore in the most recent financial year for the financial year ending March 2021. The revenue for the financial year ended March 2020 was Rs 39.04 crore.
Senlab Industries Limited designs, manufactures and supplies centralized lubrication systems, for various machines, plants and equipment. For sales and service, the organization has locations across India.
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