India Movers: Apollo Hospitals, Bata India, Bharti Hexacom, Eicher Motoris, FSN E-Commerce, Honda India Power, Indigo Paints, Varun Beverages

Arun Goswami
11 Feb, 2025
Mumbai

Stock market indexes in Mumbai extended losses amid worries of growing trade tensions after the U.S. launched a new round of tariffs roiling world financial markets.

The Sensex index declined by 0.5% to 77,025.32, and the Nifty index decreased by 0.4% to 23,298.20.

On the Mumbai stock exchange, 36 stocks traded at their 52-week highs, and 293 stocks traded at their 52-week lows.

Eicher Motors Ltd. decreased 5% to ₹5,063.20 despite the two- and four-wheeler maker reporting a 16% increase in net income in the December quarter.

Consolidated revenue increased to ₹5,208.2 crore from ₹4,303.8 crore, after-tax profit rose to ₹1,056.2 crore from ₹913.7 crore, and diluted earnings per share jumped to ₹38.45 from ₹33.31 a year ago.

Apollo Hospitals Enterprise Ltd. dropped 3.6% to ₹6,522.85 despite the healthcare services provider reporting a 15% increase in net income from a year ago in the December quarter revenue.

Consolidated revenue increased to ₹55,907 crore from ₹48,784 crore, net income jumped to ₹3,794 crore from ₹2,544 crore, and diluted earnings per share rose to ₹25.89 from ₹17.06 a year ago.

Bata India Ltd. increased 0.6% to ₹1,347.50, and the footwear maker reported a rise in revenue and net income in the December quarter.

Consolidated revenue increased to ₹928.7 crore from ₹914.5 crore, after-tax profit rose to ₹58.6 crore from ₹52 crore, and diluted earnings per share advanced to ₹4.57 from ₹4.51 a year ago.

Varun Beverages Ltd. plunged 2.7% to ₹533.65 despite the soft drink maker reporting a strong rise in net income and revenue in the December quarter.

Consolidated revenue increased to ₹3,862 crore from ₹2,740 crore, net income jumped to ₹195.6 crore from ₹143.7 crore, and diluted earnings per share rose to 56 paise from 41 paise a year ago.

Honda India Power Products Ltd. fell 3.5% to ₹2,301.65, and the company reported a 33% drop in profit from a year ago in the December quarter.

Consolidated revenue decreased to ₹214.6 crore from ₹273.4 crore, after-tax profit dropped to ₹19.1 crore from ₹28.3 crore, and diluted earnings per share fell to ₹18.82 from ₹27.92 a year ago.

FSN E-Commerce Ventures Ltd. rose 1.4% to ₹172 after the cosmetic retailer reported a 51% jump in its earnings in the December quarter. 

Consolidated revenue increased to ₹2,272.7 crore from ₹1,796.4 crore, net income jumped to ₹26.4 crore from ₹17.5 crore, and diluted earnings per share rose to 9 paisa from 6 paisa a year ago.

Indigo Paints Ltd. decreased 3.7% to ₹1,196.30 after the paint maker reported a decline in quarterly revenue and earnings.

Consolidated revenue declined to ₹345.8 crore from ₹356.8 crore, after-tax profit dropped to ₹35.8 crore from ₹37.5 crore, and diluted earnings per share fell to ₹7.54 from ₹7.81 a year ago.

Bharti Hexacom declined 3.6% to ₹1,318.70 despite the telecommunications service provider company reporting a 23% surge from a year ago in the December quarter revenue.

Consolidated revenue advanced to ₹2,295.7 crore from ₹1,862.9 crore, net income jumped to ₹260.9 crore from ₹212.7 crore, and diluted earnings per share rose to ₹5.22 from ₹4.26 a year ago.