• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Equities Stock Market

Presco Plc gains N8.75 billion in market value in one day, appreciates by 9.97%

Chidinma Anyalewechi by Chidinma Anyalewechi
February 1, 2022
in Stock Market
Presco financial statement, Presco shares on NSE
Share on FacebookShare on TwitterShare on Linkedin

At the end of yesterday’s trading session, Presco Plc share price appreciated by 9.97% to close at N96.55 per share, taking the market capitalization from N87.80 billion to N96.55 billion.

Presco Plc recorded a gain in share prices which can be attributed to investors’ positive sentiment which triggered buy-interests in the shares of the company supporting a gain of N8.75 billion in market capitalization at the close of trading activities on Nigeria’s stock exchange.

The shares of the quoted FMCG company appreciated from N87.80 per share at the start of the trading day to N96.55 per share, the highest price traded at the close of the market, to represent a gain of 9.97% which in monetary terms is N8.75.

RelatedStories

Presco PLC Sets New Milestone with Historic N42 Dividend Per Share and 128.7% PBT Growth to N113.2bn 

Presco Plc delivers record Q1 2025 results with N58.6 Billion Profit Before Tax 

May 2, 2025
Assetrise Limited, Okomu Oil Palm Plc, Presco Plc, and others surpassed N500 billion in 2024- Here’s how you can benefit from the Oil Palm Industry

Assetrise Limited, Okomu Oil Palm Plc, Presco Plc, and others surpassed N500 billion in 2024- Here’s how you can benefit from the Oil Palm Industry

April 19, 2025

Stock performance summary

The rally witnessed in the shares of Presco positively influenced the company’s market capitalization from N87.80 billion to N96.55 billion at the end of today’s trading activities, taking the gains to N8.75 billion.

The shares of Presco Plc have gained 9.97% from year-to-date, starting the year at N87.80 and currently traded at N96.55. The company’s shares are currently trading at its 52-week high of N96.55 per share. However, the shares of the company have returned about 39.93% gains for investors who bought them at their 52-week low trading price of N69.00 per share.

During yesterday’s trading hours, 2,119,085 ordinary shares of Presco Plc worth about N203.06 million, were exchanged in 218 executed deals.

In comparison, the shares of Okomu Plc closed flat at N142.00 at the end of today’s trading session.

What you should know

  • Presco Plc has reported a revenue growth of 97.68% in FY 2021, from N23.89 billion in the corresponding period of 2020 to N47.23 billion. Similarly, Net profit appreciated significantly by over 250% Y-o-Y, from N5.26 billion in 2020 to N18.87 billion in the current period.
  • At the end of yesterday’s trading activities, the NGX All-Share Index and market capitalization appreciated by 0.91% from the previous trading day, to close at 46,624.67 index points and N25.12 trillion respectively.
Tags: Presco Plc
Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

Related Posts

Presco PLC Sets New Milestone with Historic N42 Dividend Per Share and 128.7% PBT Growth to N113.2bn 
Companies

Presco Plc delivers record Q1 2025 results with N58.6 Billion Profit Before Tax 

May 2, 2025
Assetrise Limited, Okomu Oil Palm Plc, Presco Plc, and others surpassed N500 billion in 2024- Here’s how you can benefit from the Oil Palm Industry
Corporate Updates

Assetrise Limited, Okomu Oil Palm Plc, Presco Plc, and others surpassed N500 billion in 2024- Here’s how you can benefit from the Oil Palm Industry

April 19, 2025
Presco Plc announces appointment of Ukoh  and Alile as Independent Non-Executive Directors
Appointments

Presco Plc announces appointment of Ukoh and Alile as Independent Non-Executive Directors

March 24, 2025
Presco financial statement, Presco shares on NSE
Equities

Presco Plc shares surpass N700 so far in February, as year-to-date performance climbs 

February 19, 2025
Presco financial statement, Presco shares on NSE
Company News

Presco PLC reports N128 billion full-year pre-tax profit as revenue soars 93%  

February 2, 2025
Presco financial statement, Presco shares on NSE
Company News

Presco Plc’s pre-tax profit jumps 53% in Q3 2024 on strong revenue growth 

November 4, 2024
Next Post
The difference between Bitcoin and Altcoins

Altcoins rally as Bitcoin edges closer to $40,000

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • LASEPA shuts Mania Lounge, Voda Beach Club, and others for persistent noise pollution 
  • President Tinubu to remove bottlenecks hindering livestock production export between Nigeria and Brazil  
  • Top MD/CEOs of Asset Management Companies in Nigeria 

Follow us on social media:

Recent News

Lagos govt mandates permits for amplified sound in nightclubs, worship centres 

LASEPA shuts Mania Lounge, Voda Beach Club, and others for persistent noise pollution 

July 6, 2025
President Tinubu to remove bottlenecks hindering livestock production export between Nigeria and Brazil  

President Tinubu to remove bottlenecks hindering livestock production export between Nigeria and Brazil  

July 6, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics