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5 min read | Updated on February 17, 2025, 12:13 IST
SUMMARY
Shares of Senco Gold on Monday hit their 52-week low as the company failed to impress investors with its December quarter earnings
Shares of Glaxo Pharma soared nearly 20% on Monday as the company’s net profit increased over five-fold during the December quarter. Image: Shutterstock
Benchmark indices traded lower on Monday. The SENSEX dropped 366 points to 75,573, while the NIFTY50 declined 0.5% to 22,814. Mahindra & Mahindra, Mero MotoCorp, ICICI Bank, Bharat Electronics, and Tata Steel are the top laggards.
The Mumbai-based auto major claimed the booking number translates to a value of ₹8,472 crore (at ex-showroom price). The company commenced bookings for the complete lineup of XEV 9e and BE 6 on Friday.
"Mahindra Electric Origin SUVs create a new record in the EV category by clocking 30,179 bookings on Day 1 with a booking value of ₹8,472 crore (at ex-showroom price)," Mahindra Group Chairman Anand Mahindra said in a tweet.
During the early trade, RVNL was trading down 4.72% on BSE at ₹343 apiece.
RVNL on Saturday had reported 13.14% decline in consolidated net profit to ₹311.44 crore in October-December quarter as against ₹358.57 crore posted in Q3FY24.
Its revenue from operations also decreased 2.6% year-on-year (YoY) to ₹4,567.38 crore during the reporting quarter.
At 10:55 AM, shares of Senco Gold were trading at ₹330.8 apiece, tanking 7.49% on BSE. The shares had touched its 52-week low of ₹304.5 during the intraday trade. The company is trading below its listing price of ₹431.
During the intraday trade, shares of the company was trading at ₹1,879.6 apiece, rising 2.13% on BSE.
At 10:25 AM, the company was trading at ₹1,373 apiece on BSE, soaring 3.91%.
Glaxo Pharma’s net profit increased rose to ₹229 crore for the third quarter ended December 31, 2024. The drug firm reported a net profit of ₹45 crore for the October-December quarter of last fiscal.
Revenue from operations rose to ₹949 crore for the third quarter, as compared to ₹805 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a statement.
During the intraday trade, shares of the company was trading at ₹2,405 apiece on BSE, surging 19.19%.
The stock has jumped nearly 53% in the past one month, per BSE data. In comparison, the benchmark S&P BSE SENSEX has fallen over 1%. The BSE FMCG index during the period has slipped 5.75%, the data show.
Godfrey Phillips India, a flagship company of Modi Enterprises—KK Modi Group, is one of the largest FMCG companies in India. The stock is part of the BSE500 universe. The company is known for its cigarette brands such as Four Square, Red & White, Cavanders, Stellar, Focus, Originals International, and others.
The lender had earned a net profit of ₹75 crore in the same quarter a year ago.
The total income on a consolidated basis increased to ₹581 crore during the quarter under review against ₹497 crore in the same quarter last year, Northern Arc Capital Ltd said in a regulatory filing.
During the intraday trade, the company was trading 2.96% lower on BSE at ₹168.85 apiece. Northern Arc also touched its 52-week low of ₹165.9 during the day.
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