Sharda Cropchem Share Price sailing above 5 Per Cent

Sharda Cropchem share price surged over 5 per cent on NSE today.The scrip opened at Rs. 370.95 from a previous closing of Rs. 368.30. The stock is quoting at Rs. 387. The stock spurted by more than 4.60 times.

The 52 week high of Sharda Cropchem share price is seen at Rs. 408.75 on 20th Jun ’16 while the 52 week low of the stock is at Rs. 202.85 on 1st March ’16. The market cap of the company amounts to Rs. 3322.82 (Cr) and has a book value of Rs. 81.12. Till now, around 58,945 shares were exchanged in the counter with a traded volume of Rs. 226.43 lacs. The Average Daily Movement of the stock is 11.74 and its average volume for last 20 days is 46085. The stock yields 2.23% monthly returns and has the PE ratio of 19.26.

Sharda Cropchem noted a standalone total income from operations amounting to Rs 241.65 crore and a net profit of Rs 32.91 crore the Jun ’16 quarter end. Other income for the quarter was seen at Rs 0.14 crore. As per the Jun 2015 quarter end, the standalone total income from operations was Rs 210.21 crore and net profit was Rs 30.42 crore, and other income Rs 0.36 crore.

Sharda Cropchem is analyzed by Dynamic Levels as the top 500 performing stocks for the June quarter among the 1700 stocks which are listed on the NSE. Sharda Cropchem is fundamentally strong and is safe for investment, as per Dynamic analysts.The closest support and resistance level of the stock for the day stands at Rs. 358 and Rs. 391.45 respectively.

In order to acquire more details on the support and resistance levels and also the fundamentals and financials of the stock, kindly refer to Sharda Cropchem share price forecast.

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