Market Updates
India Movers: BCL Industries, Cubex Tubings, Emami Paper Mills, Gujarat Pipavav, Lasa Supergenerics, Sanghvi Movers
Arun Goswami
18 Mar, 2025
Mumbai
Cubex Tubings Ltd. rose 1.6% to ₹86.88 after the copper alloy products maker reported a two-fold increase in revenue and earnings in the December quarter.
Consolidated revenue advanced to ₹73.3 crore from ₹38.4 crore, net income jumped to ₹2.2 crore from ₹1 crore, and diluted earnings per share rose to ₹1.5 from 71 paise a year ago.
BCL Industries Ltd. increased 1.8% to ₹36.70 after the agro-processing manufacturing company reported a slight increase in revenue and a 36% decline in profit in the December quarter.
Consolidated revenue advanced to ₹763.4 crore from ₹646.2 crore, net income decreased to ₹21 crore from ₹32.8 crore, and diluted earnings per share declined to 65 paisa from ₹1.20 a year ago.
Lasa Supergenerics Limited fell 2% to ₹21.38 despite the chemicals, APIs, pharmaceuticals, and drugs maker's net income swinging to a profit in the December quarter.
Consolidated revenue advanced to ₹33.2 crore from ₹26.6 crore, net income swung to a profit of ₹5.5 crore from a loss of ₹1.5 crore, and diluted earnings per share rose to an income of ₹1.10 from a loss of 29 paisa a year ago.
Gujarat Pipavav Port Ltd. advanced 3.8% to ₹134.75 despite the developer and operator of Pipavav port reporting a marginal decline in net income and revenue in the December quarter.
Consolidated revenue declined to ₹281.6 crore from ₹288.6 crore, net income decreased to ₹99.3 crore from ₹116 crore, and diluted earnings per share fell to ₹2.06 from ₹2.40 a year ago.
The company's board declared an interim dividend of ₹4 per share.
Emami Paper Mills Ltd. gained 1.7% to ₹89.50 despite the paper and paperboard maker reporting a 96% plunge in quarterly profit from a year ago.
Consolidated revenue decreased to ₹455.8 crore from ₹516.1 crore, net income declined to ₹1.7 crore from ₹39.4 crore, and diluted earnings per share dropped to 8 paisa from ₹4.96 a year ago.
Sanghvi Movers Ltd. edged higher 2.2% to ₹235.10 after the crane rental company reported a slight increase in revenue and a 46% decline in profit in the December quarter.
Consolidated revenue advanced to ₹214.2 crore from ₹173 crore, net income declined to ₹33.1 crore from ₹61.3 crore, and diluted earnings per share fell to ₹3.82 from ₹7.08 a year ago.
Rubfila International Ltd. inched higher 0.7% to ₹70.10 after the rubber thread maker swung to a loss in the December quarter.
Consolidated revenue advanced to ₹118.5 crore from ₹82.9 crore, after-tax losses swung to ₹6.6 crore from a profit of ₹4.6 crore, and diluted earnings per share swung to a loss of ₹1.2 from a profit of 21 paisa a year ago.
Zenith Steel Pipes & Industries Limited jumped 2.4% to ₹6.50 after the electric resistance welded maker said net loss shrank in the December quarter.
Consolidated revenue decreased to ₹36.6 crore from ₹46 crore, net loss declined to ₹20 crore from ₹73 crore, and diluted losses per share remained unchanged from a year ago at breakeven.
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