Top gainer: Eicher Motors 4,853 ▲ 264 (+5.77%)
Top loser: Bharat Petroleum Corporation Limited 297 ▼ 8 (-2.86%)
Shares of Royal Enfield-maker jumped more than 7% in today’s trading session
Shares of Royal Enfield-maker jumped more than 7% in today’s trading session, with a day high of ₹4,973 per share after reporting robust Q2FY25 earnings. Royal Enfield-maker’s consolidated PAT surged 8% to ₹1,100 crore in the latest July-September quarter. The automaker reported a post-tax profit of ₹1,016 crore in Q2 FY24.
Shares of auto ancillary company were locked in at 20% upper circuit today at ₹839 per share
Shares of auto ancillary company were locked in at 20% upper circuit today at ₹839 per share after its board recommended bonus shares in the ratio of 1:1. The auto ancillary company also reported robust Q2 earnings, with highest-ever quarterly net profit of ₹139 crore, up 110% YoY. Meanwhile, consolidated revenue grew to ₹895 crore from ₹725 crore in Q2 FY24, a 23.51% YoY rise.
Shares of Deepak Nitrite rose over 6%
Shares of the speciality chemical maker rose over 6% to an intraday high of ₹2,667 per share after reporting mixed Q2 earnings. The company reported a double-digit rise in revenue but a decline in net profit and EBITDA during the September quarter. The company’s net profit dropped by 5.3% year-on-year to ₹194.2 crore, while its revenue stood at ₹2,032 crore, up 14% YoY.