Chemical Stock Jumps 18% After Its Net Profit Soars 318% QoQ
Synopsis: Rain Industries Ltd shares rose 18% after the quarterly results. Revenue grew 5.12% QoQ to ₹4,521 crores, while net profit surged 318.8% QoQ to ₹158 crores. The earnings per share (EPS) for the quarterly period stood at ₹3.61. The shares of a Small-Cap company specialising in manufacturing carbon-based materials, advanced chemicals, and cement products, are in focus following as…
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