India Movers: Movers: Bharat Rasayan, Concord Biotech, Enkei Wheels, HCL Technologies, Lux Industries, Manjeera Constructions

Arun Goswami
26 Feb, 2025
Mumbai

Rain Industries Ltd. declined 0.01% to ₹125.81 after the carbon, chemical, and cement products maker said net loss shrank in the December quarter.

 Consolidated revenue decreased to ₹3,710 crore from ₹4,172.4 crore, net loss declined to ₹133.6 crore from ₹1,078.8 crore, and diluted losses per share dropped to ₹4.80 from ₹33.26 a year ago.

Enkei Wheels India Ltd. increased 1.1% to ₹566.55 after the alloy wheel maker swung to a loss in the December quarter.

Consolidated revenue advanced to ₹200.5 crore from ₹195.4 crore, after-tax losses swung to ₹3 crore from a profit of ₹2.1 crore, and diluted losses per share swung to ₹1.65 from a profit of ₹1.17 a year ago.

Manjeera Constructions Ltd. was unchanged at ₹40.36, and the real estate development company reported a decrease in sales from a year ago in the December quarter.

Consolidated revenue decreased to ₹14.7 crore from ₹16.3 crore, after-tax profit jumped to ₹3.8 crore from ₹2 crore, and diluted earnings per share advanced to ₹3.02 from ₹1.59 a year ago.

Lux Industries decreased 0.07% to ₹1,363.50 despite the textile manufacturing company reporting a 59% jump in its earnings in the December quarter.

Consolidated revenue advanced to ₹556.87 crore from ₹454.65 crore, net income jumped to ₹32.1 crore from ₹20.2 crore, and diluted earnings per share rose to ₹10.66 from ₹6.72 a year ago.

Adani Enterprises Limited rose 0.7% to ₹2,130.05 despite the infrastructure development company reporting an 89% plunge from a year ago in quarterly profit.

Consolidated revenue decreased to ₹23,500.5 crore from ₹25,540.35 crore, after-tax profit dropped to ₹228.6 crore from ₹1,972.8 crore, and diluted earnings per share fell to 4 paisa from ₹16.10 a year ago.

HCL Technologies Ltd. decreased 0.5% to ₹1,636.80 after the technology-enabled services reported a slight increase in revenue and net income in the December quarter.

Consolidated revenue advanced to ₹30,367 crore from ₹28,816 crore, net income increased to ₹1,538 crore from ₹1,523 crore, and diluted earnings per share rose to ₹16.93 from ₹16.03 a year ago.

Bharat Rasayan Limited fell 0.7% to ₹10,213.75 despite the pesticide maker reporting a 72% increase in net income in the December quarter.

Consolidated revenue increased to ₹263.6 crore from ₹236.5 crore, after-tax profit advanced to ₹29.7 crore from ₹17.3 crore, and diluted earnings per share rose to ₹71.5 from ₹41.6 a year ago.

Concord Biotech Limited dropped 4% to ₹1,627.25 after the biopharma company reported a slight increase in revenue and a marginal decline in net in the December quarter.

Consolidated revenue advanced to ₹258.9 crore from ₹249 crore, net income fell to ₹74.1 crore from ₹74.5 crore, and diluted earnings per share decreased to ₹7.08 from ₹7.13 a year ago.