Trending stocks: Dalmia Bharat Sugar shares leap 5% in early trade

NEW DELHI: Shares of Dalmia Bharat Sugar traded 4.97 per cent up in Wednesday's trade at 10:01 am. Around 1,08,885 shares changed hands on the counter. The stock opened at Rs 64.45 and touched an intraday high and low of Rs 64.45 and Rs 63.25, respectively, in the session so far.

The company started manufacturing hand sanitizers at its distillery units in Uttar Pradesh and Maharashtra.

The stock quoted a 52-week high of Rs 135.5 and a 52-week low of Rs 39.75.


Financials
Dalmia Bharat Sugar, incorporated in the year 1951, is a Small Cap company (having a market cap of Rs 498.99 crore) operating in Sugar sector.

The company reported net profit after tax of Rs 26.68 crore for the quarter ended 31 December, 2019. For the same quarter, the company has reported Consolidated sales of Rs 504.44 crore, up 25.08 per cent from last quarter Sales of Rs 403.30 crore and up 18.88 per cent from last year same quarter Sales of Rs 424.31 crore.

Dalmia Bharat Sugar key products/revenue segments include distillery which contributed Rs 214.72 crore to sales value (10.63 per cent of total sales), power which contributed Rs 211.59 crore to sales value (10.48 per cent of total sales), others which contributed Rs 13.15 crore to sales value (0.65 per cent of total sales), other operating revenue which contributed Rs 3.47 crore to sales value (0.17 per cent of total sales), sale of services which contributed Rs 2.49 crore to sales value (0.12 per cent of total sales)for the year ending 31-mar-2019.

Promoter holding
Promoters held 74.91307 per cent stake in the company as of quarter ended 31st Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of 2.99 and price to book value of 0.34.