The season of quarterly results is going on on Dalal Street these days. Everyday many companies are releasing financial results of their June quarter. Based on these results, the shares of these companies are seeing huge uproar. There is a list of 6 such companies here, after whose quarterly results were seen in their shares fiercely. Due to this, some of these stocks were also seen with upper circuit.
1. Premier Explosives
After the announcement of the quarterly results, the shares of this defense company saw a brilliant crust of 15 per cent on Wednesday. At one time during trading, the stock jumped up to 20 per cent. In the June quarter, the company’s net profit rose 110 per cent to Rs 15 crore, which was Rs 7 crore in the same quarter a year ago. At the same time, its revenue increased by 72 percent to Rs 142 crore, which was Rs 83 crore in the same Timbi a year ago.
The company’s shares put 20 per cent upper circuit on Wednesday and its price reached Rs 43.02. After this news, the company now came into profit from the loss. In the June quarter, the company recorded a net loss of Rs 26 crore, while a year ago the company was at a net loss of Rs 547 crore in the same quarter.
3. Godrej Industries
The company’s shares closed at Rs 1,175.30 on NSE on Wednesday at a price of Rs 1,175.30. During the business, its price had jumped up to 10 percent. In the June quarter, the company’s net profit increased by 8 per cent to Rs 349 crore, which was Rs 322 crore in the same quarter a year ago. At the same time, its revenue increased by 5 per cent to Rs 4,460 crore, which was Rs 4,248 crore in the same Timbi a year ago.
4. Landmark Cars (Landmark Cars)
The company’s shares saw a rise of up to 15 per cent during trading on Wednesday. At the end of the trading, the stock rose by 10.47 per cent to close at Rs 527. The company’s net profit increased by 23.82 per cent to Rs 8.63 crore in the June quarter, which was Rs 6.97 crore in the same quarter a year ago. At the same time, its revenue rose 11.23 per cent to Rs 141.17 crore, which was Rs 126.92 crore in the same Timabi a year ago.
5. Bharat Dynamics
After the quarterly results, on Wednesday, the shares of this government defense company saw a rise of up to 7 per cent. At the end of the trading, its shares closed at Rs 1,588.50 with a gain of 6.9 per cent on NSE. The company’s net profit increased by 154.37 per cent to Rs 18.34 crore on an annual basis in the June quarter. At the same time, revenue rose 29.69 percent to Rs 247.92 crore on an annual basis.
6. Hindalco Industries
After the quarterly results, the company’s shares witnessed a 5 per cent jump on Wednesday. The company’s net profit increased by 30 per cent to Rs 4,004 crore in the June quarter, which was Rs 3,074 crore in the same quarter a year ago. At the same time, its revenue rose 13 per cent to Rs 64,232 crore, which was Rs 57,013 crore in the same Timbi a year ago.
Disclaimer: The ideas and investment advice given by experts/brokerage firms on Moneycontrol are their own, not the website and its management. Moneycontrol advises users to consult a certified expert before making any investment decision.