Following a relief bounce in the Indian stock market following US President Trump's suspension of tariffs on Canada and Mexico, SBC Exports shares increased 8% in early session on the BSE on February 4. The stock peaked at ₹22.66 after opening at ₹21.20.
Tuesday, February 4, saw a relief bounce in the Indian stock market following US President Donald Trump's decision to remove tariffs on Canada and Mexico, which helped small-cap firm SBC Exports soar up to 8% in morning trading on the BSE. The share price of SBC Exports opened at ₹21.20, up 8% from its previous close of ₹20.97, and reached ₹22.66. The small-cap stock was up 5.82 percent at ₹22.19 at around 10:50 AM.Trend of SBC Exports' share price
Tuesday saw the small-cap stock break its three-day losing streak and rally. Over the past year, there has been pressure on it. The stock has dropped by around 22% in the past year as of the last session end. Since October of last year, the stock has been declining on a monthly basis.
Following a 52-week low of ₹18.39 on March 14 of the year, the share price of SBC Exports reached a 52-week high of ₹37.80 on September 16.
News about SBC Exports
The firm said on January 24 that the board of directors had authorized the issuance of bonus shares in the ratio of 1:2, or one equity share for every two equity shares owned by the company's current equity shareholders.
The company posted consolidated revenues of ₹76.13 crore for the quarter that ended on December 31, representing a 44.43 percent YoY growth.
In Q3FY25, the net profit increased by 24.76% year over year to ₹3.58 crore.
Consolidated revenue for the nine months ending December 31, 2024, increased by 48.80% from ₹141.97 crore in 9MFY24 to ₹211.25 crore in 9MFY25. From ₹9.64 crore in 9MFY24 to ₹14.26 crore in 9MFY25, net profit grew by 47.87 percent.
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