Batteries manufacturer Eveready Industries' fourth quarter net sales increased marginally to Rs 227.5 crore from Rs 221 crore year-on-year.
Batteries manufacturer Eveready Industries has reduced its loss to Rs 2.1 crore in the fourth quarter of FY13 as against loss of Rs 86 crore in a year ago period, sending shares 5 percent higher.
Net sales increased marginally to Rs 227.5 crore from Rs 221 crore year-on-year.
The consolidated 2012-13 loss declined to Rs 76 lakh as compared to a loss of Rs 10.12 crore in the year before, the company said in a statement.
The stock rose 5.08 percent to close at Rs 18.60 amid hefty volumes on Bombay Stock Exchange.
Set email alert for
ADS BY GOOGLE
video of the day
See 8000 Nifty by Dec, bullish energy, cap goods: Religare