Top gainer: Nestle India 2,341 ▲ 124 (+5.62%)
Top loser: Bharti Airtel 1,616 ▼ 24 (-1.50%)
Shares of Wockhardt rose as much as 10%
Shares of the pharmaceuticals firm rose as much as 10% on both the equity benchmark indices as its widely-tracked discovery product Zaynich has achieved a 96.8% efficacy in the Phase III study for a complicated Urinary Tract Infection. Wockhardt was trading at ₹1415.60, surging 10% on BSE. The stock was trading 9.93% higher on the NSE at ₹1,416 apiece.
Shares of Kalyan Jewellers posted a 21.16% rise, year-on-year (YoY)
Shares of Kalyan Jewellers on Thursday posted a 21.16% rise, year-on-year (YoY), in its consolidated net profit for the December 2024 quarter (Q3FY25). During the quarter under review, profit came at ₹218.82 crore as against ₹180.61 crore in the year-ago period. Shares of the company were trading at ₹489.85 apiece, rising 11.25% on BSE during the intraday trade. The Kalyan Jewellers’ revenue from operations jumped 39.51% to ₹7,286.88 crore in Q3FY25 from ₹5,223.08 crore in the corresponding period last year.
Shares of Engineering and construction major Larsen & Toubro (L&T) jumped as much as 4.44% to ₹3,572.95 apiece
Shares of Engineering and construction major Larsen & Toubro (L&T) jumped as much as 4.44% to ₹3,572.95 apiece on the NSE on Friday, January 31. The company reported a mixed set of numbers on Thursday, for the quarter ending December 31, 2024 (Q3FY25). The infrastructure major reported receiving its highest-ever quarterly order; however, the company’s operational performance remained below Street estimates. At 11:20 AM, the company was trading 3.81% higher on BSE at ₹3,550 apiece. L&T achieved consolidated revenue of ₹64,668 crore for Q3FY25, registering a YoY growth of 17%. Its EBITDA increased by 8.6% YoY to ₹6,255 crore.