India Movers: Andhra Cements, Au Small Finance, Bank of India, DLF, GPCL, JSW Steel, Laurus Labs, Shakti Pumps, Torrent Pharma

Arun Goswami
27 Jan, 2025
Mumbai

Stock market indexes in Mumbai headed lower ahead of the release of the Union Budget and rising geopolitical tensions. 

The Sensex index decreased by 0.9% to 75,441.05, and the Nifty index decreased by 1.0% to 22,858.45

On the Mumbai stock exchange, 60 stocks traded at their 52-week highs, and 74 stocks traded at their 52-week lows.

The yield on the 10-year Indian government bonds inched lower to 6.7%, and the Indian rupee hovered near a record low and traded at 86.33 against the U.S. dollar.

Bank Of India fell 4% to ₹76.85 after the financial services provider reported a rise in revenue and net income in the fiscal third quarter.

Consolidated revenue in the December quarter increased to ₹8,629 crore from ₹ 7,579.9 crore, net income jumped to ₹1,929.1 crore from ₹1,480.8 crore, and diluted earnings per share rose to ₹1.81 from ₹1.40 a year ago.

Shakti Pumps (India) Ltd. Finance decreased 1.7% to ₹1,141.75 despite the company said profit soared 130% in the fiscal third quarter. 

Consolidated revenue in the December quarter advanced to ₹652.7 crore from ₹497 crore, after-tax profit jumped to ₹104.1 crore from ₹45.2 crore, and diluted earnings per share jumped to ₹8.66 from ₹4.10 a year ago

Torrent Pharmaceuticals Ltd. increased 0.8% to ₹3,247.7 despite the company reporting higher income and revenue in the December quarter.

Consolidated revenue in the December quarter increased to ₹2,842 crore from ₹2,699 crore, net income advanced to ₹503 crore from ₹443 crore, and diluted earnings per share rose to ₹14.88 from ₹13.10 a year ago.

JSW Steel Ltd. plunged 1.7% to ₹917.05 and the company reported net profit dropped 70% in December quarter.

Consolidated revenue in the December quarter decreased to ₹41,525 crore from ₹42,143 crore, after-tax profit plunged to ₹719 crore from ₹2,450 crore, and diluted earnings per share fell to ₹2.93 from ₹9.88 a year ago.

Jindal Saw fell 4.7% to ₹234.20 and the company reported a decline in revenue and earnings in the fiscal third quarter. 

Consolidated revenue in the December quarter decreased to ₹5,293.3 crore from ₹5,696.4 crore, after-tax profit fell to ₹479.4 crore from ₹512.4 crore, and diluted earnings per share jumped to ₹9.92 from ₹8.39 a year ago

Andhra Cements Ltd. dropped 1.6% to ₹70.86 after the company reported a decline in revenue and net loss in the fiscal third quarter. 

Consolidated revenue in the December quarter decreased to ₹68.28 crore from ₹98.36 crore, loss has expanded to ₹43.7 crore from ₹30.57 crore, and diluted loss per share expanded to ₹4.74 from ₹2.30 a year ago.

Au Small Finance Bank Ltd. fell 6.6% to ₹554.60 despite the company reporting a rise in revenue and earnings the fiscal third quarter. 

Consolidated revenue in the December quarter increased to ₹4,731.88 crore from ₹3,178.05 crore, after-tax profit rose to ₹528.44 crore from ₹375.24 crore, and diluted earnings per share jumped to ₹7.08 from ₹5.58 a year ago.

Laurus Labs Ltd. decreased 12.6% to ₹525 despite the company reporting a 260% jump in the fiscal third quarter. 

Consolidated revenue in the December quarter increased to ₹1,424.4 crore from ₹1,197.3 crore, net income jumped to ₹90.61 crore from ₹25.17 crore, and diluted earnings per share rose to ₹1.71 from 43 paisa a year ago.

Godrej Consumer Products Ltd. plunged 0.42% to ₹1125.20 after the company reported December quarter results.

Consolidated revenue in the December quarter increased to ₹3,851 crore from ₹3,729 crore, net income declined to ₹498.31 crore from ₹581.06 crore, and diluted earnings per share fell to ₹4.87 from ₹5.68 a year ago.

DLF ltd. increased 2.32% to ₹711.20 after the company reported an increase in revenue and earnings In December quarter results.

Consolidated revenue in the December quarter increased to ₹1,737.4 crore from ₹1,643.5 crore, net income jumped to ₹1,058.7 crore from ₹655.7 crore, and diluted earnings per share rose to ₹4.28 from ₹2.65 a year ago.