India Movers: Chamanlal Setia Exports, HLE Glascoat, HOV Services, Hindustan Composites, Khandwala Securities, Malu Paper, Sambhaav Media

Arun Goswami
19 Mar, 2025
Mumbai

HOV Services Limited jumped 3.2% to ₹45.56 after the software and IT-enabled services provider reported a two-fold increase in earnings in the December quarter.

Consolidated revenue advanced to ₹6.7 crore from ₹4.4 crore, net income jumped to ₹1.3 crore from ₹0.6 crore, and diluted earnings per share rose to ₹1.5 from 50 paise a year ago.

Sambhaav Media Ltd. decreased 1.6% to ₹5.71, and the Gujarat-focused media and entertainment company reported a 25% decline in profit in the December quarter.

Consolidated revenue declined to ₹11.4 crore from ₹11.6 crore, net income decreased to ₹0.3 crore from ₹0.4 crore, and diluted earnings per share fell to ₹0.03 from ₹0.06 a year ago.

Malu Paper Mills Ltd. rose 4.2% to ₹34.98 despite the paper maker swinging to a loss in the December quarter.

Consolidated revenue advanced to ₹62.8 crore from ₹61.5 crore, after-tax losses swung to ₹3.7 crore from a profit of ₹0.4 crore, and diluted losses per share swung to ₹2.15 from a profit of 21 paisa a year ago.

Hindustan Composites Limited increased 0.6% to ₹444 after the asbestos industrial products and friction materials maker reported a 70% increase in net income in the December quarter.

Consolidated revenue advanced to ₹81.9 crore from ₹71.7 crore, net income increased to ₹11 crore from ₹6.5 crore, and diluted earnings per share rose to ₹7.43 from ₹4.37 a year ago.

Butterfly Gandhimathi Appliances Limited gained 1.9% to ₹574.85, and the domestic kitchen and electrical appliances maker's net income swung to a profit in the December quarter.

Consolidated revenue declined to ₹239.2 crore from ₹239.3 crore, net income swung to a profit of ₹8.3 crore from a loss of ₹2.2 crore, and diluted earnings per share rose to an income of ₹4.65 from a loss of ₹1.21 a year ago.

Chaman Lal Setia Exports Ltd. inched higher 2% to ₹3190.5 despite the basmati rice processor reporting a 25% plunge in quarterly profit from a year ago. 

Consolidated revenue decreased to ₹398.1 crore from ₹404.1 crore, net income declined to ₹29 crore from ₹38.7 crore, and diluted earnings per share fell to ₹5.83 from ₹7.49 a year ago.

Khandwala Securities Limited edged higher 2.4% to ₹23.99 despite the financial services company reporting a 67% jump in its earnings in the December quarter.

Consolidated revenue advanced to ₹3 crore from ₹2.2 crore, net income increased to ₹0.5 crore from ₹0.3 crore, and diluted earnings per share rose to 35 paisa from 18 paisa a year ago.

HLE Glascoat Limited advanced 4% to ₹240.10 after the glass-lined filters and dryers’ equipment maker reported a 72% jump in its earnings in the December quarter.

Consolidated revenue declined to ₹233 crore from ₹243.3 crore, net income jumped to ₹10.3 crore from ₹6 crore, and diluted earnings per share improved to breakeven from a loss of 5 paisa a year ago.