
News Topical, Digital Desk : Due to the Trump tariff, the market closed with a sharp decline in Friday's trading. However, apart from the tariff, the results of the companies also had a big impact today. A large amount of money of the investors has been lost in many stocks today. The stocks that became victims of the accident in Friday's trading have fallen by up to 23 percent in a day. Read which are those stocks where selling dominated after the results. (Keep in mind that no investment advice is given here, only the performance of the stocks is given)
PG Electroplast
The company's stock fell by up to 23% in Friday's session. In fact, the company reduced growth guidance on all parameters including income, profit and business segment for the full financial year. Today's decline was the biggest fall in the history of the stock.
Kalyan Jewellers Despite a 31.5% rise in income, a 38% increase in EBITDA and a nearly 50% profit jump, Kalyan Jewellers' stock fell more than 11% on Friday. The management told CNBC-TV18 that the pace of 'same store sales growth' will continue, while debt has been reduced by more than Rs 500 crore.
The Ramco Cements Today, the stock of this cement company fell by about 6%, as income and volume were lower than estimates. Sales volume declined by 5.5% compared to last year, due to weak demand in Kerala and eastern markets. EBITDA per tonne stood at Rs 981, compared to Rs 752 last year and Rs 631 in March.
Biocon Biocon released its results on Thursday night. The company said that its generics business was as expected and Liraglutide would be the biggest growth driver in Europe. The management also said that interest costs would gradually come down. The stock closed down nearly 6 percent today.
Data Patterns Despite recovering from the day's low, the stock closed down nearly 6% on Friday. The company's income for the quarter declined by 5%, while EBITDA and profit also declined. However, the management is confident that it will achieve the target set for the full year.
Subros On Friday, Subros shares fell nearly 8%, the company's income has seen a decline, the reason for which was attributed to the maintenance shutdown of a customer. At the same time, EBITDA also declined due to low sales volume and increased costs due to salary-revision.
NBCC Government Company's stock fell 4% on Friday. In the last quarter, the company's EBITDA grew by 20%, income grew by 11.6% and margins increased by 30 basis points. The company's real estate segment's income declined by 27%.
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