Ashish Kacholia portfolio FMCG stock rallies 9% after Q4 PAT jumps 129% YoY

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Key Points

Megastar Foods is a small cap FMCG company that recorded a market cap of 286.21 Cr during Friday's closing session..

Following a 129% YoY rise in Q4 net profit, Megastar Foods stock closed the day up by 9%...

The company has reported a total income of Rs.114.56 crores during the quarter ended March 31, 2023 as compared to Rs.52.53 crores during the quarter ended March 31, 2022, logging a YoY jump of 118.08%..

During FY23, the companys net profit stood at 10.08 Cr up by 84.90% YoY from 5.45 Cr in FY22.Megastar.

As per the shareholding pattern ofMegastar Foods for the quarter ended March 2023, ace investorAshish Kacholia held1,12,968 shares ofMegastar Foodswhich is1.13 per cent of total paid up capital of the company. . . Know your inner investor Do you have the nerves of steel or do you get insomniac over your investments?.

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