Stock market update: Back-to-back upper circuit in this stock after quarterly results – Details
Shares of Pradhin hit the upper circuit for the second consecutive day today, i.e. on May 27, 2025. The counter jumped 5 per cent to Rs 0.39 apiece on the BSE. Pradhin shares have been hitting circuit limits for the past few sessions. The small-cap stock touched a lower circuit in the previous session.
Pradhin Ltd, a growing player engaged in agriculture, has reported its quarterly results for the fourth quarter of the financial year 2025. The company has reported a net profit of Rs 3.25 crore in the fourth quarter of FY25, recording a jump from Rs 76.02 lakh in the corresponding quarter of last fiscal year.
The revenue of the company from operations in the quarter under review increased 7.52 per cent to Rs 132.12 crore from Rs 122.87 crore, year-on-year (YoY).
For the full financial year 2024-2025, Pradhin’s total revenue jumped to Rs 340.2 crore from Rs 5.1 crore in FY24, a YoY increase of over 6,567 per cent. The net profit surged from Rs 53 lakh to Rs 4.88 crore, marking 817 per cent growth YoY.
“The company anticipates that this transaction will open new avenues for growth. Based on the demand and profitability of this chemical in the Indian market, Pradhin Ltd. plans to explore the possibility of importing other complex chemicals in the future. This strategic move aligns with our ongoing efforts to diversify our product offerings and capitalize on emerging opportunities in the Indian chemical industry,” Pradhin Ltd said in a release.
Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Tuesday, snapping the two-day rally after profit-taking in banking, IT and auto shares. The 30-share BSE Sensex dropped 624.82 points or 0.76 per cent to settle at 81,551.63, in a volatile session. During the day, the barometer tanked 1,054.75 points or 1.28 per cent to 81,121.70.
The 50-issue NSE Nifty declined 174.95 points or 0.70 per cent to 24,826.20.
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