highlights
The majority of the shares in this company are held by private investors.
It is currently at around half of its 52-week high.
Over the past week, this stock is up about 14 percent.
New Delhi. There are many such stocks in the stock market that play a big role despite their very low price. Anyone who repeatedly invests money in these stocks becomes silver. Coffee Day Enterprises Ltd stocks belong to this category. Shares of this company recorded a gain of 20 percent in the last month. Just today, on Monday, the company’s shares had risen by 18 percent in the course of business. However, that was today’s high and later saw a slight decline in shares.
Today the high for this stock was 39.90 rupees. At the end of the trading day, this stock fell to 37.45 rupees. This stock is seeing a tremendous recovery. It’s up 20 percent in the last month. While the chart is down 26 percent in 6 months. In 2023, this stock saw a 23 percent decline. It is trading at almost half its 52-week high of 73.50 rupees. Its 52-week low is 26.35 rupees.
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what does the company do
The company operates coffee branches under the name Cafe Coffee Day. This company also trades in coffee beans. The company also owns resorts and also provides consulting services. It was founded in 2008. It is associated with coffee companies in the country and around the world.
corporate finance
Coffee Day has a market capitalization of Rs 724 crore. The last time the company released quarterly figures was for December 2022. This brought the company’s revenue to Rs 244 crore, higher than before. However, profits continued to fall sharply and the company posted a loss of Rs.402 crore in the December quarter. The company posted a profit of Rs.567 crore in the September quarter of 2022. As far as the shareholding structure is concerned, the majority of the company’s shares (more than 86 percent) are held by private investors. The organizers hold only about 10 percent of the shares.
(Disclaimer: The stocks mentioned here are for informational purposes only. If you are interested in investing in any of these stocks, please consult a certified investment adviser first. News18 is not responsible for your gain or loss. Will happen.)
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Tags: make money, stock market, stock market, Shares
FIRST RELEASED : May 15, 2023 6:43 PM IST
