Jay Bharat Maruti announced that the Annual General Meeting (AGM) of the company will be held on 4 September 2018.

Powered by Capital Market - Live News

Net profit of Jay Bharat Maruti rose 32.81% to Rs 13.44 crore in the quarter ended June 2018 as against Rs 10.12 crore during the previous quarter ended June 2017. Sales rose 34.10% to Rs 505.93 crore in the quarter ended June 2018 as against Rs 377.29 crore during the previous quarter ended June 2017.

Powered by Capital Market - Live News

The result was announced after market hours yesterday, 16 July 2018.

Meanwhile, the S&P BSE Sensex was up 99.98 points or 0.28% at 36,423.75.

On the BSE, 18,000 shares were traded on the counter so far as against the average daily volumes of 2,428 shares in the past two weeks. The stock had hit a high of Rs 488.55 and a low of Rs 409.70 so far during the day. The stock had hit a record high of Rs 748.75 on 17 July 2017 and a 52-week low of Rs 368.15 on 28 March 2018.

The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.

Jay Bharat Maruti is engaged in manufacturing components for automobiles.

Powered by Capital Market - Live News

The Board of Jay Bharat Maruti at its meeting held on 16 July 2018 has approved the following -

Appointment of Dhanendra Kumar as Additional Director and Independent Director of the company.

Issuance of NCDs through private placement for an amount not exceeding Rs 150 crore.

Powered by Capital Market - Live News