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Back-to-back upper circuit in this multibagger stock; watch out
short by Vardan P / on Monday, 6 May, 2024
Shares of Loyal Equipments Limited were locked in the upper circuit on Friday, gaining 5%. The stock has witnessed heavy buying in the last few days. The company posted robust quarterly results. The revenue for Q4FY24 stood at ₹27.50 crore which increased by 58.36% YoY. The operating profit stood at ₹6.10 crore, while PAT was ₹3.81 crore.
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