Top market news today - 12th November 2024

Top gainer: Trent 6,627 ▲ 146 (+2.26%)
Top loser: Britannia 5,106 ▼ 328 (-6.05%)

:star: Jubilant Foodworks’ shares rallied as much as 8.98%
Shares of Jubilant Foodworks, which operates popular fast food chains such as Domino’s Pizza and Dunkin’ among others in India, rallied as much as 8.98% to ₹650.95 apiece on the BSE, a day after the company reported its September quarter (Q2 FY25) numbers. The company reported a consolidated net profit of ₹66.53 crore against ₹97.2 crore logged in the corresponding quarter of the previous fiscal. Revenue from operations came in at ₹1,954.72 crore, as against ₹1,368.63 crore registered in the year-ago period.

:star: Shares of L&T Technology rallied as much as 5.14%
The stock rallied as much as 5.14% to ₹5,370 on the BSE as the company has signed a definitive agreement to acquire Silicon Valley-based Intelliswift to deepen its offerings across software product development, platform engineering, digital integration, data, and AI.

:star: Shares of Britannia Industries slipped as much as 5.62% to ₹5,120 apiece
Shares of Britannia Industries slipped as much as 5.62% to ₹5,120 apiece on the BSE as the company on Monday reported a decline of 9.36% in consolidated net profit to ₹531.55 crore in Q2 on account of tepid consumer demand due to rising commodity inflation. Britannia Industries’ revenue from product sales was up 4.47% to ₹4,566.23 crore in the latest September quarter.