Market Updates
India Movers: Cupid, Gandhi Special Tubes, GOCL, Hisar Metal, Prime Focus, Syncom Formulations, TCPL
Arun Goswami
13 Mar, 2025
Mumbai
GOCL Corporation Ltd. increased 0.9% to ₹281.50, and the company reported a sharp increase in revenue and earnings.
Consolidated revenue increased to ₹328.2 crore from ₹229.7 crore, after-tax profit rose to ₹92.4 crore from ₹15.4 crore, and diluted earnings per share jumped to ₹18.64 from ₹3.12 a year ago.
TCPL Packaging Limited rose 2.9% to ₹4,448.45 after the folded cartons maker reported a two-fold increase in earnings in the December quarter.
Consolidated revenue advanced to ₹469.3 crore from ₹357.3 crore, net income jumped to ₹38.2 crore from ₹19.6 crore, and diluted earnings per share rose to ₹41.99 from ₹21.55 a year ago.
Cupid Ltd. rose 0.06% to ₹63.73 after the company reported a 27% increase in net income in the December quarter.
Consolidated revenue increased to ₹50.8 crore from ₹40.8 crore, after-tax profit rose to ₹11.3 crore from ₹8.9 crore, and diluted earnings per share advanced to ₹0.41 from ₹0.33 a year ago.
Hisar Metal Industries Ltd. decreased 0.6% to ₹191.25 after the stainless-steel strips, coils, tubes, and pipes maker reported a 47% plunge in quarterly profit.
Consolidated revenue advanced to ₹57.1 crore from ₹53.3 crore, net income decreased to ₹0.8 crore from ₹1.5 crore, and diluted earnings per share fell to ₹1.52 from ₹2.83 a year ago.
Gandhi Special Tubes Ltd. jumped 4.6% to ₹662.80 after the seamless and welded steel tubes maker reported a marginal decline in revenue and a slight increase in net income in the December quarter.
Consolidated revenue declined to ₹41.8 crore from ₹44.2 crore, net income advanced to ₹15.2 crore from ₹13.2 crore, and diluted earnings per share rose to ₹12.48 from ₹10.87 a year ago.
Syncom Formulations (India) Ltd. dropped 1% to ₹15.58 despite the pharmaceutical company reporting a two-fold increase in earnings in the December quarter.
Consolidated revenue advanced to ₹130.9 crore from ₹67.7 crore, after-tax profit jumped to ₹12.8 crore from ₹6.4 crore, and diluted earnings per share increased to 14 paisa from 9 paisa a year ago.
Prime Focus Limited decreased 2.5% to ₹93.07 after the media services company swung to a loss in the December quarter.
Consolidated revenue declined to ₹11.8 crore from ₹19.9 crore, after-tax losses swung to ₹12.2 crore from a profit of ₹0.5 crore, and diluted losses per share swung to 41 paisa from a profit of 0.02 paisa a year ago.
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