Doms Industries shares jump more than 3% in morning trade following the release of its robust Q3 financial results. As of 10:13 AM, the shares were trading 3.11% higher at Rs 2,626.90.
The company reported a remarkable 35.86% rise in net profit, reaching Rs 50.73 crore compared to Rs 37.34 crore during the same period last year.
In addition to strong profitability, Doms Industries experienced significant growth in sales, which surged 34.85% year-on-year, amounting to Rs 501.11 crore for Q3 FY24, up from Rs 371.61 crore in Q3 FY23.
Doms Industries shares opened at ₹2,630.00, with a high of ₹2,641.20 and a low of ₹2,475.00. The stock has seen significant fluctuations over the past year, with a 52-week high of ₹3,115.00 and a low of ₹1,366.00.
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