Archive · 29 May 2025
Stocks Soar on Strong Q4 Results; Market Rebounds
Two companies recently announced good financial news.
Sharanam Infraproject and Trading saw a huge jump in profits and sales in the last three months, which made its stock price go up.
This company had a rights offering to raise capital which was utilized for working capital.
Also, Mishra Dhatu Nigam, a company that works with defense, announced its best-ever quarterly sales and increased profits, causing its stock price to increase too.
Overall, the stock market went up, influenced by positive news and actions in Asian markets.
Sharanam Infraproject and Trading's stock hit an upper circuit for the second day.
Sharanam Infraproject reported a 3676% jump in net profit for the March quarter.
Revenue from operations for Sharanam Infraproject increased by 1254%.
Mishra Dhatu Nigam shares surged over 6% after reporting strong Q4 results.
Both Sensex and Nifty rebounded in early trade on Thursday.
- Who
- Sharanam Infraproject and Trading & Mishra Dhatu Nigam
- What
- Sharanam Infraproject and Trading reported strong Q4 results; Mishra Dhatu Nigam posted strong Q4 results and stock surged.
- When
- March quarter of FY2024-25 & Thursday, May 29, 2025
- Where
- Mumbai, India
- Why
- Company financial results and market reactions impact stock values.
- Net Profit Growth (Q4)
- 3676%
- Revenue Growth (Q4)
- 1254%
- Q4 Net Profit
- Rs 3.94 crore
- Q4 Revenue from Operations
- Rs 23.84 crore
- Earnings Per Share (FY25)
- Rs 0.424
- Full-Year Profit After Tax (PAT)
- Rs 50.83 crore
- Mishra Dhatu Nigam Stock Gain (Thursday)
- 6.25%
- Mishra Dhatu Nigam: Highest-Ever Quarterly Turnover
- Rs 410.56 crore
- Mishra Dhatu Nigam: Q4 PAT Growth
- 21.04%
- Mishra Dhatu Nigam: PBT Growth (Q4)
- 19.31%
