Advanced Enzymes soars 13% amid high volumes

NEW DELHI: Shares of enzymes manufacturing company Advanced Enzymes zoomed over 13 per cent in afternoon trade on Tuesday.

The BSE data showed that a total of 5.50 lakh shares were traded so far compared with average daily volume of 0.16 lakh shares in the past two weeks.

The research-driven company had reported a 6.5 per cent YoY increase in its consolidated revenue at Rs 99 crore for the September quarter whereas the PAT (profit after tax) stood at Rs 22 crore, YoY decline of 24.1 per cent.


Advanced Enzymes provides eco-safe solutions to a wide variety of industries like human health care and nutrition, animal nutrition, baking, fruit & vegetable processing, brewing and malting, among others.

At 01:17 pm, the stock was trading at Rs 314 apiece, up 12.77 per cent on BSE.