Trending stocks: Vadilal Industries stock price up 1 %

NEW DELHI: Shares of Vadilal Industries traded 0.95 per cent up in Thursday 's trade at 10:58 am (IST).

Around 2666 shares changed hands on the counter. The stock opened at Rs 545.5 and touched an intraday high and low of Rs 569.95 and Rs 530.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 895.0 and a 52-week low of Rs 387.2 .

Markets regulator Sebi exempted two family trusts from making open offer to the shareholders of Vadilal Industries following acquisition of shares in the company.

Financials
Vadilal Industries Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 390.69 Crore) operating in FMCG sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 96.18 Crore, down -34.58 % from last quarter Sales of Rs 147.02 Crore and up 2.18 % from last year same quarter Sales of Rs 94.13 Crore. The Company reported net profit after tax of Rs -5.06 Crore in latest quarter.

Vadilal Industries Ltd. key Products/Revenue Segments include Food Products which contributed Rs 502.36 Crore to Sales Value (99.07 % of Total Sales), Foreign Currency which contributed Rs 3.65 Crore to Sales Value (0.72 % of Total Sales), Scrap which contributed Rs .97 Crore to Sales Value (0.19 % of Total Sales), Sale of services which contributed Rs .08 Crore to Sales Value (0.01 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 64.72546 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 8.16 and price to book value of 1.92 .