Shares of Supreme Petrochem Ltd. shed 7.47% in intraday trade to Rs 677 apiece after the company reported in September quarter numbers, post market hours Wednesday.
Supreme Petrochem Q2FY22 (Standalone, YoY)
- Revenue up 72% at Rs 1,190.76 crore Vs Rs 694.05 crore
- Net profit up 47% at Rs 127.07 crore Vs Rs 86.15 crore
- Ebitda up 51% at Rs 176.01 crore Vs Rs 116.4 crore
- Margin 14.8% Vs 16.8%
- Company declared interim dividend of Rs 4 per equity share
Trading volume on the stock was 6.7 times the 30-day average volume, for this time of the day.
Shares of Supreme Petrochem crossed below the 50-day simple moving average, indicating potential downward price momentum.
