Shares of PSU company Hindustan Aeronautics (HAL) today surged 4% to an intraday high of Rs 4,246 on the BSE today after the company on Thursday reported a consolidated net profit of Rs 1,510 crore for the quarter that ended September 30, 2024, rising 22% over Rs 1,237 crore reported in the year-ago period. The revenue from operations stood at Rs 5,976 crore, gaining 6% over Rs 5,636 crore.
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Shares of Crompton Greaves Consumer Electricals Ltd surged more than 6% on Monday, November 18, after the company reported a strong growth in revenue and net profit in the second quarter of FY25, beating market expectations. The company's September quarter performance was primarily driven by double-digit growth in its Electrical Consumer Durables (ECD) segment and significant margin expansion.
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Asian Paints' stock price is near a three-year low due to declining domestic volumes and rising competition from conglomerates like Grasim's Birla Opus, which is aggressively expanding across India, aiming to reach 6,000 towns and gain a high single-digit market share in the decorative paints segment.
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