Synopsis:

Aarvi Encon shares hit a 20% upper circuit as Q2 revenue rose 31% YoY to ₹159 cr and net profit surged 127% YoY to ₹4.8 cr.

The shares of the Micro-Cap company, specializing in providing technical staffing services and engineering and project-related support to industries like oil and gas, power, and renewable energy, hit a 20 percent upper circuit following their results, with a 127 percent rise in profit.

With a market capitalization of Rs. 206.31 Crores on Friday, the shares of Aarvi Encon Limited hit a 20 percent upper circuit, reaching a high of Rs. 144.03 compared to its previous close of Rs. 120.03.

What Happened

Aarvi Encon Limited, engaged in providing technical staffing services and engineering and project-related support to industries like oil and gas, power

See Full Page