Shraddha Prime Projects Bonus Shares Record Date
“This is further to our letter dated January 21, 2025 for fixing the record date as Friday, 24th January, 2025 for issue of bonus shares in the ratio of 1:1. In this regard, we wish to inform that the Company is revising the record date to Monday, January 27, 2024 for the purpose of determining the equity shareholders of the Company eligible for the bonus equity shares of the Company,” said Shraddha Prime Projects in a stock exchange filing.
Shraddha Prime Projects Financials
Compared to the September 2023 quarter’s net revenue of Rs 11.18 crore, the company’s September 2024 quarter net revenue of Rs 37.60 crore represented a 236.36% growth. From Rs. 2.15 crore in Q2FY24 to Rs. 7.29 crore in Q2FY25, its net profit jumped by 239.55%. EBITDA improved 213.69% from Rs. 3.36 crore in the September 2023 quarter to Rs. 10.54 crore in the September 2024 quarter. The results for the December 2024 quarter or Q3FY25 have not yet been made public by the firm.
Shraddha Prime Projects Share Price Target
“Shraddha Prime Projects stock price is bearish on the Daily charts with strong resistance at 231. A Daily close below support of 209 could lead to a target of 190 in the near term,” said A R Ramachandran, Independent Research Analyst.
Disclaimer
The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.
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