This Stock Price Up 37% Since Q4 Result, Sharp Intraday Gain To 52-Week High Today, Net Sales Up 112.4% YoY

The stock price of Crown Lifters is thriving now. The company published its quarterly financial results in the second week of June. As reported, the company's net sales at Rs. 9.62 crore in March 2022 increased by 112.4% YoY from Rs. 4.53 crore in March 2021. Its quarterly net loss at Rs. 3.92 crore in March 2022 decreased by 283.26% YoY from Rs. 2.14 crore in March 2021. However, its EBITDA stands at Rs. 1.71 crore in March 2022 fell 27.23% YoY from Rs. 2.35 crore in March 2021.

Crown Lifters is a small-cap company that has a market capitalization of 44 crore. It has reached a fresh 52-week high today.

Stock to Buy: NSE performance

The current market price of Crown Lifters stood at Rs. 42.95/share on NSE, gaining by 9.99%, till last traded. In the last 5 days, the share price of this company has gained by 21.84% on NSE, and in the last 1 month, its share price has surged by 39%. In the past 6 months, its stock price has hiked by 22.36%. Additionally, in the last 5 years its stock price gained by 28.98%. So, it can be noted that both in the long term and short term the stock's performances are remarkable, and after the last quarterly result, its share price is booming.

The 52-week high level of this stock is Rs. 42.95, and the 52-week low level of this stock is Rs. 21.70

Crown Lifters Limited is a professional crane hiring company that finds its presence within India's finest and large (blue chip) companies. Headquartered in Western Mumbai with a 3-acre spacious workshop at Taloja (MH), Crown Lifters is well prepared and equipped with resources and operational capabilities to serve the ever-growing need of the market, the company informs.

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