Sheela Foam (SFL) Share News & Alerts
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Sheela Foam spurts after Q4 PAT climbs over six-fold to Rs 91 cr
▲ Bullish +1.99%
The stock is reacting to a massive 598% YoY surge in PAT and a 24% growth in revenue, signaling a sharp operational turnaround after recent underperformance. With mattress volumes up 13% and foam volumes up 34%, the growth is fundamentally driven, likely leading to a multi-day bullish trend as the market re-rates the stock on improved margins. The 20% upper circuit hit indicates high institutional demand for this mid-cap stock in the near-to-medium term.
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