During Friday’s trading session, the shares of a company engaged in the business of trading and dealing in agriculture commodities hit a fresh 52-week high on BSE, after the company announced securing a purchase order worth nearly Rs. 12 crores.
Price Movement
With a market capitalisation of Rs. 13.8 crores, the shares of Eureka Industries Limited hit a record high at Rs. 16.88, as against its previous closing price of Rs. 16.08. The stock has delivered multibagger returns of nearly 310 percent over a one-year period, while around 16 percent of positive returns in the last one month.
What’s the News
According to the latest regulatory filings with BSE, Eureka Industries Limited received a purchase order valued at Rs. 12.1 crores from Grainspan Nutrients Private Limited. The order involves the supply of 5000 MT of Maize (Makka), with the order to be executed by 31st May 2025.
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Financials
Eureka Industries experienced significant growth in its revenue from operations, showing a year-on-year rise of 442 percent from Rs. 6.63 crores in Q3 FY24 to Rs. 35.94 crores in Q3 FY25. Similarly, the company turned its net loss of Rs. 2.02 crores to a profit of Rs. 0.8 crores, during the same period.
About the Company
Eureka Industries Limited is engaged in the business of trading agriculture products and related materials. The company’s trading portfolio encompasses wheat, rice, paddy, maize, and pulses.
Additionally, Eureka plans to gradually expand its operations to include the cultivation of a wide range of agricultural products, such as fruits, vegetables, seeds, cereals, pulses, grains, rice, lentils, cash crops, corn, hay, and straw, using sustainable and organic farming methods
Written by Shivani Singh
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