


Himadri Speciality Chemical Ltd reported a net profit of ₹142 crore for the third quarter ending December 31, 2024, marking a 30.5% increase from ₹108.8 crore year-on-year. The company's revenue rose 8.4% to ₹1,140.7 crore compared to ₹1,052.5 crore in the same quarter last year. EBITDA also saw a 27% increase, reaching ₹221 crore, with a margin improvement to 19.4% from 16.5% year-on-year. In contrast, Delta Corp Ltd experienced a decline, with its shares hitting a 52-week low following a 7% drop in revenue. Meanwhile, Shoppers Stop reported a robust performance, with a net profit increase of 41.5% to ₹52.2 crore, up from ₹36.9 crore year-on-year. The company's revenue grew 11.5% to ₹1,379.5 crore. Following the earnings report, Shoppers Stop shares surged, gaining 10.8% to reach an intraday high of ₹688 per share. Other notable market movements included a 4% rise in Maruti Suzuki's stock, reaching a 12-week high, and Greaves Cotton's shares increasing by 4.04% to ₹247 during intraday trading.
#MarutiSuzuki's 2025 rally revives bulls; BofA raises target price, upgrades rating to 'buy'.
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#MarketsWithBS | #WelspunCorp shares rose 6.4% in Wednesday's trade on #BSE, logging an intraday high at Rs 777.05 per share. #Markets #sharemarket #StockMarket https://t.co/I25crYyhrB