Shares of Eureka Forbes Ltd rose 6% in early trade today after reporting strong fourth-quarter results. Eureka Forbes Ltd shares were trading 6.58% higher at Rs 427 at 10:29 am on the NSE. Eureka Forbes Ltd reported its fourth quarter figures in a filing with the BSE on May 29, 2023. EBITDA for March 2023 stood at Rs 56.8 crore, an increase of 153.57% from Rs 22.4 crore in March 2022. Eureka Forbes’ earnings per share (EPS) to fall to Rs 1.06 in March 2023 from Rs 1.41 in March 2022.

Source: Forbes May 30, 2023 10:34 UTC