SKM Egg Products Achieves 52-Week High Amid Strong Financial Performance and Stakeholder Confidence

SKM Egg Products Export (India) has made headlines today as its stock price reached a new 52-week high of Rs. 376.35, reflecting a notable increase of 6.06% during intraday trading. This microcap company in the FMCG sector has demonstrated resilience, outperforming its sector by 1.95% today, despite opening with a slight loss of 2.07%.
The stock's performance over the past year has been impressive, with a return of 32.33%, significantly outpacing the Sensex, which has seen a decline of 2.44%. SKM Egg Products has shown strong financial health, evidenced by a low Debt to EBITDA ratio of 0.98 times and a remarkable operating profit growth rate of 121.44%.

Additionally, the company reported a profit before tax of Rs. 17.67 crore, marking an impressive growth of 118.3% compared to the previous four-quarter average. The rising confidence among promoters, who have increased their stake by 0.85% to 56.25%, further underscores the company's positive trajectory. With a robust return on equity of 11.4 and a price-to-book value of 3.1, SKM Egg Products Export (India) continues to solidify its position in the market.