Stock Up 41% In 1 Month, Reaches 52-Week High Today, Sales Up 59%, Jhunjhunwala Owns Stake

In Q4 the company’s sales increased by 59% in Q4FY22. Check the company’s previous performances on the stock market here.

Autoline Industries Ltd: NSE performance
The current market price of Autoline Industries Ltd. stood at Rs. 85.50/share on NSE, gaining by 9.97%, till last traded. In the last 5 days, the share price of this company has surged by 16.01% on NSE, and in the last 1 month, its share price has surged by 41.44%. Similarly, in the past 6 months, its stock price has gained by 28.86%. Significantly, in the long term also, this stock has given a sharp return of 37.90%, in the last 1 year.

The 52-week high level of this stock is Rs. 85.50, and the 52-week low level of this stock is Rs. 46.50.

Financial performance & about the company

According to the available report, the company’s net profit in FY22 has been reported to be at Rs. 8.07 crore, against a net loss that was reported to be Rs. 38.93 crore in FY21. Its sales have increased by 99.67% to Rs. 568.43 crore in FY22, against Rs. 284.69 crore in FY21. Additionally, its net profit has also increased to Rs. 9.36 crore in Q4FY22, against a net loss of Rs. 0.87 crore in Q4FY21. Its sales have gained 59.64% to Rs. 188.02 crore in Q4FY22, against Rs. 117.78 crore reported in Q4FY21.

Autoline Industries Limited is a listed company with more than 10 manufacturing facilities backed up with in-house design and engineering services and a commercial tool room. The company is catering to almost all global OEM’s supplying over 3000 products getting assembled into different passenger cars and commercial vehicles.

Disclaimer
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By Kuntala Sarkarsource: goodreturns.in