Top gainer: Wipro 318 ▲ 9.6 (+3.12%)
Top loser: BPCL 272 ▼ 5.4 (-1.96%)
Shares of Coforge hit the 10% upper circuit after the company announced its Q3FY25 results
Shares of Coforge hit the 10% upper circuit after the company announced its Q3FY25 results on Wednesday. The company reported a 6.5% jump in the net profit at ₹215 crore as against ₹202 crore in the previous year similar quarter. In addition, the board announced a third interim dividend of ₹19 per share. Following the positive results and dividend announcement, shares of Coforge traded 12% higher at ₹9,278 apiece on the NSE.
Shares of Persistent Systems jumped 11.3% at ₹6,324 apiece on the NSE
Shares of Persistent Systems jumped 11.3% at ₹6,324 apiece on the NSE at 12:20 pm as the company announced a dividend of ₹20 per share during its board meeting. The company reported a 14.8% jump in the net profit at ₹372 crore compared to ₹324 crore in the previous year’s similar quarter.
Shares of Paras Defence and Space Technologies traded 9% higher on the NSE
Shares of Paras Defence and Space Technologies traded 9% higher on the NSE after the company secured an MoU (Memorandum of Understanding) with the Government of Maharashtra to set up an Optics Park in Maharashtra. The company proposes to invest around ₹12,000 crore in the Optics Park over a period of 10 years.