Stock Movers: Anand Rathi Wealth, DAM Capital, Gillete India, KP Energy, NINec Systems, Swaraj Engines, Shilchar Technologies, Tips Music

Arun Goswami
27 Feb, 2025
Mumbai

Tips Music Ltd. increased 0.4% to ₹633.95 after the entertainment company reported a 30% increase in net income in the December quarter.

Consolidated revenue increased to ₹81.8 crore from ₹68.3 crore, after-tax profit rose to ₹44.2 crore from ₹34.7 crore, and diluted earnings per share jumped to ₹3.46 from ₹2.70 a year ago.

The company's board declared a third interim dividend for the financial year 2025 of ₹3 per share.

Shilchar Technologies Ltd. decreased 4.1% to ₹5,864.25 despite the transformer maker reporting a 33% surge in net income in the December quarter. 

Consolidated revenue advanced to ₹158.5 crore from ₹121.1 crore, net income rose to ₹34.8 crore from ₹26.1 crore, and diluted earnings per share increased to ₹45.59 from ₹34.21 a year ago.

DAM Capital Advisors Limited dropped 1.8% to ₹222 despite the financial solutions provider reporting a sharp increase in revenue and earnings.

Consolidated revenue increased to ₹104 crore from ₹45 crore, after-tax profit rose to ₹51.5 crore from ₹21.1 crore, and diluted earnings per share jumped to ₹7.29 from ₹2.98 a year ago.

NINtec Systems Ltd. fell 2% to ₹477 despite the software services and solutions provider reporting a 72% surge from a year ago in the December quarter net income.

Consolidated revenue advanced to ₹36 crore from ₹24 crore, net income jumped to ₹6.7 crore from ₹3.9 crore, and diluted earnings per share rose to ₹3.62 from ₹2.08 a year ago.

Gillette India Limited rose 1% to ₹8,293.75 after the grooming and oral care products maker reported a slight increase in revenue and net income in the December quarter.

Consolidated revenue increased to ₹694.7 crore from ₹646.7 crore, after-tax profit advanced to ₹126 crore from ₹104 crore, and diluted earnings per share rose to ₹38.66 from ₹31.91 a year ago.

Anand Rathi Wealth Limited decreased 0.6% to ₹4,013.90 despite the wealth management company reporting a 30% increase in revenue in the December quarter.

Consolidated revenue advanced to ₹244.2 crore from ₹187.3 crore, net income jumped to ₹77.3 crore from ₹58 crore, and diluted earnings per share rose to ₹18.58 from ₹13.87 a year ago.

KP Energy Ltd. declined 2.5% to ₹391.40 despite wind farm developers reporting a two-and-a-half-fold increase in earnings in the December quarter. 

Consolidated revenue increased to ₹212.6 crore from ₹83.3 crore, after-tax profit jumped to ₹26.4 crore from ₹9.25 crore, and diluted earnings per share rose to ₹3.94 from ₹1.39 a year ago.

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

Swaraj Engines Limited plunged 1.5% to ₹2,720 despite the diesel engine maker reporting a 33% jump in its earnings in the December quarter.

Consolidated revenue advanced to ₹349.2 crore from ₹282.9 crore, net income jumped to ₹32 crore from ₹24.1 crore, and diluted earnings per share rose to ₹26.30 from ₹19.83 a year ago.