ZEEL shares surged by 5.26% to ₹132.37 at 3:02 PM on the NSE, following the announcement of its Q2 FY25 results. The stock opened at ₹125.00, reaching a high of ₹132.97 and a low of ₹124.92 during the session.
Stock Price Details:
- Current Price: ₹132.37 (+5.26%)
- Open: ₹125.00
- High: ₹132.97
- Low: ₹124.92
- Previous Close: ₹125.76
The increase in ZEEL’s stock price comes in reaction to its Q2 FY25 financial results, where the company reported:
- Revenue from operations: ₹2,034.4 crore, reflecting a YoY decline of 18.9%.
- Net profit: ₹209.5 crore, down by 34.1% YoY, but with a QoQ increase of 5.9%.
Despite a drop in YoY revenue and profit, the market reacted positively to the company’s cost management efforts and the slight improvement in profits on a sequential basis, leading to a sharp rise in the stock price today.
Disclaimer: The stock prices mentioned in this article are for informational purposes and do not constitute financial advice.
