India Movers: Endurance Technologies, Liberty Shoes, Mukta Arts, NCL Industries, Sangam India, Shah Alloy, Zenith Exports

Arun Goswami
17 Mar, 2025
Mumbai

Shah Alloys Ltd. dropped 8.3% to ₹44.50 after the steel manufacturer swung to a loss in the December quarter.

Consolidated revenue decreased to ₹52 crore from ₹168.7 crore, after-tax losses swung to ₹15.26 crore from a profit of ₹0.82 crore, and diluted losses per share swung to ₹7.70 from a profit of 42 paisa a year ago.

Liberty Shoes Limited fell 0.05% to ₹290.3 despite the shoe company reporting a sharp increase in revenue and earnings. 

Consolidated revenue increased to ₹160.1 crore from ₹152.3 crore, after-tax profit rose to ₹2.4 crore from ₹0.2 crore, and diluted earnings per share jumped to ₹1.39 from 11 paisa a year ago.

Sangam India Ltd. increased 1.5% to ₹340 after the Sangam Group's flagship company reported a slight increase in revenue and a 34% plunge in quarterly profit.

Consolidated revenue advanced to ₹750.8 crore from ₹624 crore, net income fell to ₹2.5 crore from ₹3.8 crore, and diluted earnings per share declined to 49 paisa from 77 paisa a year ago.

Mukta Arts Ltd. advanced 0.3% to ₹68.4 despite the film production company saying net loss shrank in the December quarter.

Consolidated revenue increased to ₹49.9 crore from ₹43.7 crore, net loss declined to ₹2.2 crore from ₹4.2 crore, and diluted losses per share dropped to 96 paise from ₹1.84 a year ago.

Zenith Exports Ltd. was unchanged at ₹242.3 after the textile products maker’s net income swung to a profit in the December quarter.

Consolidated revenue edged up to ₹19.6 crore from ₹19.4 crore, net income swung to a profit of ₹0.7 crore from a loss of ₹0.02 crore, and diluted earnings per share rose to an income of ₹1.24 from a loss of 37 paisa a year ago.

IFCI Ltd. gained 4% to ₹41 despite the financial services provider swinging to a loss in the December quarter.

Consolidated revenue decreased to ₹457.3 crore from ₹469.9 crore, after-tax losses swung to ₹8.7 crore from a profit of ₹39.3 crore, and diluted losses per share swung to 12 paisa from a profit of 7 paisa a year ago.

NCL Industries Limited fell 0.6% to ₹185 after the cement maker reported an 88% decline in profit in the December quarter.

Consolidated revenue decreased to ₹346.5 crore from ₹436.3 crore, after-tax profit dropped to ₹3 crore from ₹24.7 crore, and diluted earnings per share fell to 66 paisa from ₹5.47 a year ago.

The company's board declared an interim dividend of ₹1 per share.

Endurance Technologies Limited decreased 0.7% to ₹1,900.75 despite the automotive component’s maker reported a 21% increase in net income in the December quarter.

Consolidated revenue advanced to ₹2,881.1 crore from ₹2,588.1 crore, net income increased to ₹184.4 crore from ₹152.3 crore, and diluted earnings per share rose to ₹13.11 from ₹10.83 a year ago.