India Movers: Berger Paints, Devyani International, Grasim Industries, Khadim Industries, IRCTC, NBCC India, P&G, Zee Media

Arun Goswami
12 Feb, 2025
Mumbai

Dalal Street indexes extended losses for the sixth consecutive session amid rising global trade tensions and worry of a resurgent inflation.

The Sensex index declined by 1.1% to 75,446.89, and the Nifty index decreased by 1.1% to 22,829.70.

On the Mumbai stock exchange, 15 stocks traded at their 52-week highs, and 590 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 86.55 against the U.S. dollar.

Indian Railway Catering and Tourism Corporation Ltd. plunged 2.9% to ₹729.55 despite the ticketing, catering, and tourism services provider reporting an increase in revenue and earnings.

Consolidated revenue increased to ₹1,281.2 crore from ₹1,161.1 crore, after-tax profit rose to ₹341.1 crore from ₹300 crore, and diluted earnings per share jumped to ₹4.26 from ₹3.75 a year ago.

The company's board declared a second interim dividend of ₹3 per share.

NBCC (India) Ltd. decreased 0.6% to ₹84.81 despite the real estate development company reporting a 7% increase in the fiscal third quarter ending in December.

Consolidated revenue increased to ₹2,882.2 crore from ₹2,482.4 crore, net income rose to ₹142.4 crore from ₹113.6 crore, and diluted earnings per share advanced to 51 paisa from 41 paisa a year ago.

The company declared an interim dividend of 53 paisa per share. 

Berger Paints India Ltd. increased 0.9% to ₹480, and the paint maker reported a 3% rise in revenue and a marginal decline in net income in the December quarter.

Consolidated revenue increased to ₹2,995.3 crore from ₹2,900.7 crore, after-tax profit fell to ₹295.97 crore from ₹300.16 crore, and diluted earnings per share decreased to ₹2.53 from ₹2.57 a year ago.

Grasim Industries Ltd. decreased 1.3% to ₹2,458.90, and the diversified company reported a slight increase in revenue and a 29% decline in profit in the December quarter.

Consolidated revenue increased to ₹35,161.8 crore from ₹32,222 crore, net income dropped to ₹1,844.3 crore from ₹2,603.4 crore, and diluted earnings per share fell to ₹13.47 from ₹22.99 a year ago.

Procter & Gamble Hygiene & Health Care dropped 1.3% to ₹13,750 despite the company reporting a 17% increase in the fiscal third quarter earnings ending in December.

Consolidated revenue increased to ₹1,246.3 crore from ₹1,149 crore, after-tax profit rose to ₹268 crore from ₹228.9 crore, and diluted earnings per share jumped to ₹82.74 from ₹70.51 a year ago.

The company declared an interim dividend for the financial year 2025 of ₹110 per share, payable on or before March 7.

Devyani International Ltd. fell 3.9% to ₹163.25 despite the food and beverage company reporting an increase in revenue and profit in the latest quarter. 

Consolidated revenue increased to ₹1,303.4 crore from ₹847.7 crore, net income jumped to ₹76.46 crore from ₹50.7 crore, and diluted earnings per share fell to 4 paisa from 15 paisa a year ago.

Khadim India Ltd. declined 7.2% to ₹302 after the footwear maker reported a slight increase in revenue and a 33% decline in profit in the December quarter.

Consolidated revenue increased to ₹164.6 crore from ₹157.9 crore, after-tax profit fell to ₹1.2 crore from ₹1.8 crore, and diluted earnings per share decreased to 63 paisa from ₹1.01 a year ago.

Zee Media Corporation Limited decreased 2% to ₹14.13, and the media company reported a 38% plunge in quarterly profit.

Consolidated revenue declined to ₹160.8 crore from ₹170.5 crore, net income decreased to ₹22.4 crore from ₹35.9 crore, and diluted earnings per share fell to 36 paisa from 57 paisa a year ago.