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Vishnu Prakash R Punglia Ltd shares surge 8% on strong outlook
short by / on Monday, 11 November, 2024
Vishnu Prakash R Punglia Limited (VPRPL), an integrated engineering company, saw its shares rise 8% to ₹321.85 following strong Q2FY25 results, which included a 60% QoQ net profit increase. Management forecasts 10-15% revenue growth in FY25 and aims for a 3x expansion in its order book by FY27. The company’s market cap stands at ₹3,576.6 crore.
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