{"id":89808,"date":"2023-02-13T12:40:00","date_gmt":"2023-02-13T07:10:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=89808"},"modified":"2023-02-13T12:22:05","modified_gmt":"2023-02-13T06:52:05","slug":"mukul-agrawal-stock-jumps-16-today-after-profits-increase-in-q3","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-16-today-after-profits-increase-in-q3\/","title":{"rendered":"Mukul Agrawal stock jumps 16% today after profits increase in Q3"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2678988622\"><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>Dishman Carbogen Amcis Ltd, a Contract Research and Manufacturing Services (CRAMS) provider saw its shares open 5 percent higher at Rs 90.05 compared to its previous close of Rs 86.05. During the early hours, it gained 10 to trade at Rs 100 levels.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-848121841\"><!-- 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>The scrip gained after the company reported a 14 percent increase in revenue, which stood at Rs 639.79 Crore in Q3FY23 compared to Rs 562.08 Crore Year on Year. In the previous quarter, their revenue was Rs 613.96 Crore. Their revenue increased across all segments due to strong demand and a healthy order book.&nbsp;<\/p><p>The company reported a profit of Rs 46.96 Crore in the period compared to a loss of Rs 10.05 Crore in the September quarter. On a YoY basis, their profits increased by 33 percent from Rs 35.38 Crore.&nbsp;<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DCAL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Dishman Carbogen Amcis Ltd<\/a><\/strong> is engaged in Contract Research and Manufacturing Services (CRAMS) and manufacture and supply of marketable molecules such as specialty chemicals, vitamins &amp; chemicals, and disinfectants. It has operations in India, Switzerland, the UK, France, China, and the Netherlands.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-858209916\"><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>The company is focused on improving its capacity utilization at its manufacturing facilities by targeting small and mid-sized global biotech companies and diversifying across new geographies.&nbsp;<\/p><p>To further its goals, the company recently announced that its French subsidiary, CARBOGEN AMCIS opened a new state-of-the-art facility dedicated to sterile liquid drug product manufacturing in Saint- Beauzire, France. This was made with an investment of $50 million.&nbsp;<\/p><p>The small-cap company has a market capitalization of Rs 1,567 Crore. The stock is a part of not one but two Indian ace investors. Mukul Mahavir Agrawal holds 55,00,000 shares or a 3.51% stake with Rs 54.9 Crore holding value. While Rekha Rakesh Jhunjhunwala holds 25,50,000 shares or a 1.63% stake with a holding value of Rs 25.5 Crore.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Anoushka Roy<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. 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-4217610237\"><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>Dishman Carbogen Amcis Ltd, a Contract Research and Manufacturing Services (CRAMS) provider saw its shares open 5 percent higher at Rs 90.05 compared to its previous close of Rs 86.05. During the early hours, it gained 10 to trade at Rs 100 levels.&nbsp; The scrip gained after the company reported a 14 percent increase in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77504,"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":[6083,6085,6086,6084,6087,5447,5213,3226,948,936,3153,3157,2597],"class_list":["post-89808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dishman-carbogen-amcis-ltd","tag-dishman-carbogen-amcis-ltd-news","tag-dishman-carbogen-amcis-ltd-q3-results","tag-dishman-carbogen-amcis-ltd-share-price","tag-dishman-carbogen-amcis-ltd-stock-jumps-16","tag-small-cap-2023","tag-small-cap-stock-to-watch","tag-small-cap-stocks","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-watch"],"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>Mukul Agrawal stock jumps 16% today after profits increase in Q3 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The scrip gained after the company reported a 14 percent increase in revenue, which stood at Rs 639.79 Crore in Q3FY23 compared to Rs 562.08 Crore Year on Year. In the previous quarter, their revenue was Rs 613.96 Crore. Their revenue increased across all segments due to strong demand and a healthy order book.\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\/mukul-agrawal-stock-jumps-16-today-after-profits-increase-in-q3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mukul Agrawal stock jumps 16% today after profits increase in Q3\" \/>\n<meta property=\"og:description\" content=\"The scrip gained after the company reported a 14 percent increase in revenue, which stood at Rs 639.79 Crore in Q3FY23 compared to Rs 562.08 Crore Year on Year. In the previous quarter, their revenue was Rs 613.96 Crore. 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