S Kumars Nationwide shareholders has okayed sale of Belmonte unit to arm, reports CNBC-TV18. It touched an intraday high of Rs 56.50 and an intraday low of Rs 54.40. At 13:48 hrs the share was quoting at Rs 56.20, up Rs 1.70, or 3.12%.
S Kumars Nationwide has declared its third quarter consolidated results. Its Q3 revenue was up 11.8% at Rs 1342.8 crore versus Rs 1200.9 crore, YoY. The company's PAT was up 18.2 % at Rs 95.5 crore versus Rs. 80.8 crore, YoY.