/ Uflex Rises 5% On Healthy Q4 Results ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 31 May 2017

Uflex Limited, a packaging company, during Wednesday’s trading sessions has clocked gains of over 5% as the company registered a steep rise in net profit in the fourth quarter of 2017.

The company’s net profit witnessed a rise by 25.62% to Rs 98.19 crore as against to Rs 78.16 crore in the year-ago quarter.

The total income for the quarter rose 11% to Rs 1,709.77 crore, compared to Rs 1,540.33 crore in the corresponding quarter of last year.

The multi-bagger stock has gained as much as 240% in the last three years and has risen 84% in the last one year. The stock has delivered 84% returns in a period of one year and has outperformed the BSE Small cap and Nifty Commodities indices in the same time period.

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