Archive · 25 Jul 2025
Sharda Cropchem Shares Soar to Record High Despite Market Downturn
Sharda Cropchem, a company that exports chemicals, saw its stock price jump to a record high.
This happened because the company made a lot more money than it did last year, with profits increasing five times.
Sales also went up.
While the company did well, the overall stock market, as measured by the Sensex and Nifty, went down during the same time.
Sharda Cropchem shares hit a record high on Friday.
The stock reached an upper circuit of 20%, closing at Rs 1090.25.
Net profit surged five times year-on-year to Rs 143 crore.
Revenue climbed 22% year-on-year to Rs 958 crore.
Sensex and Nifty declined in the afternoon session.
- Who
- Sharda Cropchem.
- What
- Shares of Sharda Cropchem hit a record high.
- When
- Friday, during the afternoon session.
- Where
- BSE (Bombay Stock Exchange).
- Why
- Due to stellar Q1 earnings, including a surge in net profit and revenue.
- Stock High
- Rs 1090.25
- Market Cap
- Rs 9836 crore
- Net Profit (YoY)
- Rs 143 crore (up from Rs 27 crore)
- Revenue (YoY)
- Rs 958 crore (up from Rs 785 crore)
- EBITDA
- Rs 216 crore
- Sensex Change
- Decreased by 714 pts
- Nifty Change
- Decreased by 230 pts