{"id":113741,"date":"2023-11-15T15:10:42","date_gmt":"2023-11-15T09:40:42","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113741"},"modified":"2023-11-15T15:10:47","modified_gmt":"2023-11-15T09:40:47","slug":"small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/","title":{"rendered":"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-395225298\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2401988531\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 2:30 p.m., <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/KDDL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">KDDL Ltd<\/a><\/strong> shares were trading at Rs 2,892.75 a share, up Rs 132.95 or 4.82 percent on the National Stock Exchange, the company has a market capitalization of Rs 3,626 crores.\u00a0<\/p><p>According to the company&#8217;s exchange filing. KDDL Ltd reported a 30 percent increase in revenue year on year, from Rs 260 crore in Q2FY23 to Rs 339 crore in Q2FY24. During the same period, net profit jumped by 433 percent from Rs 6 crore to Rs 32 crore.&nbsp;<\/p><p>In comparison to the previous quarter, operational revenue increased by 2.5 percent from Rs 331 crore in Q1FY24 to Rs 339 crore in Q2FY24, Further net profit has marginally decreased from Rs 32.8 crore to Rs 32.6 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-471983849\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>KDDL shares have delivered a multibagger return of 160 percent in the last six months and 190 percent in a year. A shareholder investment of Rs 1 lakh in the company, would be worth Rs 2.60 lakhs in six months and Rs 2.90 lakhs in a year.&nbsp;<\/p><p>The Company&#8217;s Net profit margin has increased from 4.55 percent in FY22 to 6.83 percent in FY23, while its operating margin rose from 9.44 percent to 11.70 percent during the same period.&nbsp;<\/p><p>KDDL Limited is engaged in the manufacture and trade of watches and their components in India, Switzerland, and Hong Kong. It primarily offers watch dials, and watch hands. The company also offers precision stamping parts and tools for the electrical, electronics, telecommunications, automobile, etc&nbsp;<\/p><p>According to the latest shareholding pattern, the company promoter holds a 50.21 percent stake, Foreign institutional investors hold 12.34 percent, and retail investors 35.34 percent.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3684994828\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.&nbsp; At 2:30 p.m., KDDL Ltd shares were trading at Rs 2,892.75 a share, up Rs [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14406,14407,14405,948,936],"class_list":["post-113741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-kddl-latest-news","tag-kddl-q2-results-fy24","tag-kddl-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY\" \/>\n<meta property=\"og:description\" content=\"On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-15T09:40:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-15T09:40:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/\",\"url\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/\",\"name\":\"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"datePublished\":\"2023-11-15T09:40:42+00:00\",\"dateModified\":\"2023-11-15T09:40:47+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY - Trade Brains Features","description":"On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/","og_locale":"en_US","og_type":"article","og_title":"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY","og_description":"On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-15T09:40:42+00:00","article_modified_time":"2023-11-15T09:40:47+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/","url":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/","name":"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","datePublished":"2023-11-15T09:40:42+00:00","dateModified":"2023-11-15T09:40:47+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"On Wednesday, the shares of one of India\u2019s leading firm that is engaged in the manufacture of watch components soared around 8 percent to an all-time high price of Rs 2,989.65 per share after the company announced strong Q2 results.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-8-after-net-profits-of-the-company-increases-by-433-yoy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Small cap stock jumps up to 8% after net profits of the company increases by 433% YoY"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=113741"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113741\/revisions"}],"predecessor-version":[{"id":113742,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113741\/revisions\/113742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/69898"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=113741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=113741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=113741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}