Market Updates

India Movers: Bharat Wire, Bhagyanagar India, HFCL, Hindustan Media, NLC India, Power Grid, Sky Gold, Shalby

Arun Goswami
04 Mar, 2025
Mumbai

    Sky Gold Limited gained 4.4% to ₹347.60 after the gold jewelry maker reported a four-fold increase in earnings in the December quarter.

    Consolidated revenue increased to ₹1,005.1 crore from ₹460.9 crore, after-tax profit advanced to ₹36.5 crore from ₹8.9 crore, and diluted earnings per share jumped to ₹2.50 from 81 paise a year ago.

    NLC India Limited inched higher 2% to ₹208.50 after the power generator and renewable energy company reported a two-and-a-half-fold increase in earnings in the December quarter. 

    Consolidated revenue advanced to ₹4,897.9 crore from ₹3,249.4 crore, net income jumped to ₹696.1 crore from ₹254.1 crore, and diluted earnings per share increased to ₹5.02 from ₹1.83 a year ago.

    Power Grid Corporation of India Limited advanced 1.6% to ₹256.60 despite the power transmission company reporting a marginal decline in net income and revenue in the December quarter.

    Consolidated revenue decreased to ₹11,743.1 crore from ₹11,819.7 crore, after-tax profit fell to ₹3,861.6 crore from ₹4,028.3 crore, and diluted earnings per share declined to ₹4.11 from ₹4.21 a year ago.

    The company's board declared a second interim dividend of ₹3.25 per share.

    HFCL Ltd. increased 1.5% to ₹80.80 after the technology company reported an increase in revenue and net income in the December quarter.

    Consolidated revenue advanced to ₹446 crore from ₹356.2 crore, net income increased to ₹0.10 crore from ₹0.09 crore, and diluted earnings per share rose to ₹8.48 from ₹6.77 a year ago.

    Hindustan Media Ventures Limited edged higher 1.7% to ₹79.87 after the print and publishing company's net income swung to a profit in the December quarter.

    Consolidated revenue increased to ₹221.4 crore from ₹206.5 crore; net income swung to a profit of ₹18 crore from a loss of ₹0.8 crore; diluted earnings per share rose to an income of ₹2.4 from a loss of 11 paisa a year ago.

    Bhagyanagar India Limited rose 2.1% to ₹74.37 after the copper and solar products maker company reported a 43% jump in its earnings in the December quarter.

    Consolidated revenue advanced to ₹395.4 crore from ₹335.1 crore, net income jumped to ₹4 crore from ₹2.8 crore, and diluted earnings per share rose to ₹1.25 from 86 paise a year ago.

    Bharat Wire Ropes Ltd. rose 1.4% to ₹130.50 after the wire rope maker reported a slight increase in revenue and a 44% decline in profit in the December quarter.

    Consolidated revenue increased to ₹162 crore from ₹157.4 crore, after-tax profit declined to ₹14.9 crore from ₹26.4 crore, and diluted earnings per share fell to ₹2.18 from ₹3.88 a year ago.

    Shalby Ltd. jumped % to ₹190.90 despite the healthcare company swinging to a loss in the December quarter.

    Consolidated revenue advanced to ₹281. crore from ₹220.5 crore, after-tax losses swung to ₹3 crore from a profit of ₹19 crore, and diluted losses per share swung to 28 paisa from a profit of ₹1.78 a year ago.

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