Campus Activewear Ltd Share Price – NSE  /  BSE

Leather, Small Cap

PNB Housing Finance Ltd, Grindwell Norton Ltd, Ipca Laboratories Ltd, EID Parry (India) Ltd are among the other stocks to see a surge in volumes on NSE today, 29 May 2024.

Campus Activewear Ltd clocked volume of 322.66 lakh shares by 14:14 IST on NSE, a 44.79 times surge over two-week average daily volume of 7.20 lakh shares. The stock gained 16.34% to Rs.291.20. Volumes stood at 5.36 lakh shares in the last session.

PNB Housing Finance Ltd notched up volume of 116.83 lakh shares by 14:14 IST on NSE, a 21.59 fold spurt over two-week average daily volume of 5.41 lakh shares. The stock slipped 5.03% to Rs.748.20. Volumes stood at 2.47 lakh shares in the last session.

Grindwell Norton Ltd notched up volume of 8.99 lakh shares by 14:14 IST on NSE, a 16.64 fold spurt over two-week average daily volume of 54007 shares. The stock rose 7.05% to Rs.2,559.95. Volumes stood at 95475 shares in the last session.

Ipca Laboratories Ltd recorded volume of 17.35 lakh shares by 14:14 IST on NSE, a 8.59 times surge over two-week average daily volume of 2.02 lakh shares. The stock lost 1.07% to Rs.1,305.65. Volumes stood at 4.23 lakh shares in the last session.

EID Parry (India) Ltd notched up volume of 31.79 lakh shares by 14:14 IST on NSE, a 7.46 fold spurt over two-week average daily volume of 4.26 lakh shares. The stock rose 7.09% to Rs.679.25. Volumes stood at 1.92 lakh shares in the last session.

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EID Parry (India) Ltd, Grindwell Norton Ltd, Paras Defence and Space Technologies Ltd and Kirloskar Ferrous Industries Ltd are among the other gainers in the BSE's 'A' group today, 29 May 2024.

Campus Activewear Ltd surged 15.47% to Rs 288.9 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 13.48 lakh shares were traded on the counter so far as against the average daily volumes of 85812 shares in the past one month.

EID Parry (India) Ltd spiked 7.32% to Rs 681. The stock was the second biggest gainer in 'A' group. On the BSE, 85346 shares were traded on the counter so far as against the average daily volumes of 19205 shares in the past one month.

Grindwell Norton Ltd soared 7.20% to Rs 2562.8. The stock was the third biggest gainer in 'A' group. On the BSE, 16451 shares were traded on the counter so far as against the average daily volumes of 3561 shares in the past one month.

Paras Defence and Space Technologies Ltd rose 7.13% to Rs 939. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.6 lakh shares were traded on the counter so far as against the average daily volumes of 91430 shares in the past one month.

Kirloskar Ferrous Industries Ltd jumped 6.27% to Rs 703. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.14 lakh shares were traded on the counter so far as against the average daily volumes of 86317 shares in the past one month.

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Revenue from operations increased 4.63% year on year (YoY) to Rs 363.86 crore in the fourth quarter of FY24.

Profit before tax fell 46.40% to Rs 43.79 crore in the quarter ended March 2024 as compared with Rs 29.91 crore posted in Q4 FY23.

EBITDA climbed 16.1% to Rs 66.4 crore in Q4 FY24 as against Rs 57.1 crore posted in Q4 FY23. EBITDA margin expanded to 18.3% in Q4 FY24 as against 16.4% recorded in the same period last fiscal.

The sales volume stood at 5.7 million pairs in Q4 FY24 while the company’s ASP stood at Rs 636 in Q4 FY24 as compared with Rs 632 in Q4 FY23.

On a full year basis, the company’s consolidated net profit declined 23.63% to Rs 89.44 crore on 2.42% fall in revenue from operations to Rs 1,448.29 crore in FY24 over FY23.

Campus Activewear’s CEO, Nikhil Agarwal, said, “We would like to perceive FY24 as a transitionary year. Campus Activewear made a strong comeback in H2FY24 with vigoured focus on trade distribution and new launches. The Company was successful in grabbing customer’s mindshare and wallet share from its prudent investment in the brand for its R&D enabled products.

Campus Activewear continued to expand its geographical footprints in FY24. The Company added 66 stores in Western, Southern and Eastern states of India taking the total EBOs more than 250 during the year.

The company repaid its borrowing of Rs 156 crore in FY24, thereby achieving net-debt free status during FY24. Additionally, we have made significant improvement in our working capital days from 108 days in FY23 to 79 days in FY24 led by lower inventory and conscious trimming of receivable days.”

Campus Activewear is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

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Net profit of Campus Activewear rose 42.76% to Rs 32.75 crore in the quarter ended March 2024 as against Rs 22.94 crore during the previous quarter ended March 2023. Sales rose 4.63% to Rs 363.86 crore in the quarter ended March 2024 as against Rs 347.75 crore during the previous quarter ended March 2023.

For the full year,net profit declined 23.63% to Rs 89.44 crore in the year ended March 2024 as against Rs 117.12 crore during the previous year ended March 2023. Sales declined 2.42% to Rs 1448.29 crore in the year ended March 2024 as against Rs 1484.25 crore during the previous year ended March 2023.

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