Volumes soar at Balkrishna Industries Ltd counter
Narayana Hrudayalaya Ltd, J K Cements Ltd, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Glenmark Pharmaceuticals Ltd are among the other stocks to see a surge in volumes on BSE today, 26 May 2025.
Balkrishna Industries Ltd clocked volume of 88085 shares by 10:46 IST on BSE, a 22.78 times surge over two-week average daily volume of 3866 shares. The stock lost 7.55% to Rs.2,458.95. Volumes stood at 8001 shares in the last session.
Narayana Hrudayalaya Ltd saw volume of 1.99 lakh shares by 10:46 IST on BSE, a 13.95 fold spurt over two-week average daily volume of 14257 shares. The stock increased 3.54% to Rs.1,785.50. Volumes stood at 20837 shares in the last session.
J K Cements Ltd witnessed volume of 15922 shares by 10:46 IST on BSE, a 10.69 times surge over two-week average daily volume of 1490 shares. The stock increased 5.85% to Rs.5,401.00. Volumes stood at 1832 shares in the last session.
Gujarat Narmada Valley Fertilizers & Chemicals Ltd clocked volume of 2.02 lakh shares by 10:46 IST on BSE, a 5.97 times surge over two-week average daily volume of 33874 shares. The stock gained 3.48% to Rs.531.20. Volumes stood at 40630 shares in the last session.
Glenmark Pharmaceuticals Ltd recorded volume of 31430 shares by 10:46 IST on BSE, a 4.02 times surge over two-week average daily volume of 7824 shares. The stock lost 1.66% to Rs.1,395.00. Volumes stood at 7706 shares in the last session.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
26 minutes ago
- Indian Express
Changing City: Ulwe Coastal Road, key infra project in Navi Mumbai, readying for launch next year
As Navi Mumbai prepares to take its next step in connectivity, the Ulwe Coastal Road (UCR) has been identified as an infrastructure project that will redefine urban transport in the Mumbai Metropolitan Region (MMR). The 5.8-kilometre six-lane road with a 1.2-kilometre elevated stretch is being constructed by the City and Industrial Development Corporation of Maharashtra Limited (Cidco) to link Belapur to the Mumbai Trans Harbour Link (MTHL) at Shivaji Nagar and enhance connectivity further to the new Navi Mumbai International Airport (NMIA). The Ulwe Coastal Road is planned as a mega feeder road connecting Navi Mumbai to the mega infrastructure projects, according to Cidco. Starting at Amra Marg in Belapur and following the Ulwe coast to join the MTHL junction, the road will provide high-speed direct connectivity from Mumbai to Navi Mumbai, particularly for those travelling to the NMIA. The highway runs through developing areas such as Seawoods, Ulwe, Bamandongri, and Targhar, which are poised to witness aggressive growth once the Navi Mumbai airport becomes operational. The Ulwe Coastal Road is being planned with both capacity and environmental considerations. The highway will have three lanes on either side, with unhindered vehicular movement. A 1.2-kilometre elevated section will pass over sensitive mangrove areas, and a special railway overbridge will enable people to skip bottlenecks at tracks on the Nerul-Uran route. Cidco's proposal provides for smooth integration with the MTHL, giving Mumbai commuters easy access to NMIA and other nodes in Navi Mumbai. For people of Navi Mumbai, the UCR offers the much-needed connectivity to Mumbai through the MTHL, reducing travel time and decongesting roads such as Palm Beach Road and Sion-Panvel Highway. For those who would be using the upcoming Navi Mumbai airport, it provides seamless airport connectivity, crucial for economic and logistical efficiency. Urban planners anticipate the highway to boost business and residential development in Ulwe and other nodes, with better last-mile connectivity inviting investment and dissolving traffic congestion at older nodes such as Vashi and Belapur. Estimated at Rs 1,400 crore, the Ulwe Coastal Road is one of Cidco's showcase projects in sync with NMIA's phased commissioning. Tenders were issued in late 2024, and construction has begun since then. The deadline for the project is set for early 2026, coinciding with the airport's planned commissioning. The estimate involves structural components, environmental mitigation works, and road safety facilities, consistent with the challenging terrain and environmental sensitivity of the road. The significance of the road is enhanced by the two projects it will link — the Mumbai Trans Harbour Link or the Atal Setu will connect directly to UCR at Shivaji Nagar, while at the other end, the UCR offers a special route to NMIA's terminal area. This three-way connection — MTHL, UCR, NMIA — has been termed 'transformational' by officials for Thane and Panvel commuters, minimising reliance on highways in the two cities and scattering airport traffic more evenly throughout the MMR. The alignment of the road was picked to minimise ecological disruption. The elevated section going through coastal and mangrove-dominated areas in particular ensures that construction does not have direct impact on sensitive ecosystems. Cidco has also pledged compensatory afforestation and carried out environmental appraisal as part of statutory clearances. While environmental groups raise concerns about long-term effects on Ulwe's natural shoreline, authorities have stated that engineering interventions such as building on stilts and creating buffer zones will help preserve biodiversity while supporting urban development. 'The Ulwe Coastal Road is a crucial project among the various initiatives undertaken by Cidco to provide seamless connectivity to the Navi Mumbai International Airport. This six-lane road will play a vital role in connecting the Atal Setu and the Navi Mumbai International Airport. Starting from Amra Marg, the road will be linked to the interchange at Atal Setu. This road will be instrumental in the commercial success of the Navi Mumbai International Airport,' said Priya Ratambe, Public Relations Officer, Cidco.
&w=3840&q=100)
Business Standard
26 minutes ago
- Business Standard
Smallcap stock soars 14% on heavy volumes, nears record high. Do you own?
Vimta Labs share price today: Shares of Vimta Labs have moved higher by 14 per cent to ₹578 on the BSE in Friday's intra-day trade amid heavy volumes in otherwise a weak market. The stock price of smallcap company is trading close to its record high level of ₹591.50 touched on February 12, 2025. In the past six trading days, the stock rallied 24 per cent. At 12:50 PM; Vimta Labs was quoting 13 per cent higher at ₹572, as compared to 0.7 per cent decline in the BSE Sensex. The average trading volumes on the counter jumped over five-fold. A combined 5.62 million equity shares representing 12.62 per cent of total equity of Vimta Labs have changed hands on the NSE (5.16 million shares) and BSE (0.46 million shares). Vimta Labs clarification on increase in volume of the shares Vimta Labs assumes that the movement in the share price of the company is purely due to market factors and not specifically related to the company. On July 21, the company has informed stock exchange that it has made all necessary prompt disclosures within the stipulated timelines and has not withheld any events/information/announcement (including impending announcement) including any price sensitive information that may have a bearing on the operation/performance of the company or on the price behaviour in the scrip. Vimta Labs Q1FY26 results In April to June 2025 quarter (Q1FY26), Vimta Labs reported revenue of ₹99.3 crore, up 31.4 per cent year-on-year (Y-o-Y), which was driven by pharmaceutical & food contract research and testing services. Profit after tax increased 35.9 per cent Y-o-Y to ₹18.9 crore from ₹13.9 crore in a year ago quarter. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) margin improved to 35.7 per cent from 35.2 per cent. Vimta completed a successful United States Food and Drug Administration (USFDA) Good Clinical Practice (GCP) inspection with zero Form 483 observations and received a letter of cGMP compliance from ANSM (EMA) during the quarter. Vimta Labs company outlook Vimta Labs is positive about its growth prospects in clinical, pre-clinical, non-clinical, biopharmaceutical, pharma analytical, and electronics & electrical contract testing and research, all of which have a strong positive outlook despite the current global economic uncertainties, large competition, and stricter regulatory compliance requirements. The company has a strong customer base, and promising pipelines, which give it good visibility of growth over the medium term. Over the long term, the company expects it will strategically look at acquisition opportunities or alliances or partnerships to enhance its market reach, capabilities and service portfolio, to gain further market share. Vimta Labs, in its FY25 annual report, said that the trend in growth of the overseas market for the company is positive going forward. The domestic market continues to hold immense potential led by economic growth in the country. However, inflationary pressures in terms of cost of manpower, technology and material, and pricing pressures due to proliferation of laboratories in the country could be a risk to watch out for, the company said. About Vimta Labs Vimta Labs is a leading contract research and testing organisation, providing food, agri, bio/pharmaceutical, medical device, speciality chemical, and electronics companies an integrated scientific, technical, and regulatory expertise to support all stages of product development and manufacturing process. Vimta also provides environmental assessments and testing services.
&w=3840&q=100)
Business Standard
26 minutes ago
- Business Standard
Suryoday Small Finance Bank slips 7% on posting Q1 results; PAT 50% down
Suryoday Small Finance Bank shares slipped 6.7 per cent in trade on Friday, logging an intra-day low at ₹129.15 per share on BSE. The selling pressure on the counter came after the company posted Q1 results. At 12:38 PM, Suryoday Small Finance Bank share price was trading 4.08 per cent lower at ₹132.8 per share on BSE. In comparison, BSE Sensex was down 0.79 per cent at 81,536.82. The market capitalisation of the company stood at ₹1,411.46 crore. Suryoday Small Finance Bank Q1FY26 results Suryoday Small Finance Bank posted its first quarter ended June 30, 2025, results on Thursday, after market hours. In Q1, the company reported a 49.6 per cent decline in net profit to ₹35.3 crore, as compared to ₹70.1 crore a year ago. Its net interest income (NII) stood at ₹247.1 crore as compared to ₹293.2 crore a year ago, down 15.7 per cent. Gross advances grew 20 per cent year-on-year (Y-o-Y) to ₹10,846 crore as compared to ₹9,037 crore. Deposits grew 39 per cent to ₹11,312 crore as compared to ₹8,137 crore Y-o-Y. Current account savings account was flat Y-o-Y to 17.7 per cent. Gross non-performing asset (GNPA) increased 579 bps to 8.5 per cent and net non-performing asset (NNPA) was up 520 bps to 5.6 per cent. Disbursements stood at ₹2,261 crore in Q1 FY26 as compared to ₹1,740 crore in Q1FY25, an increase of 30 per cent Y-o-Y. The bank, in its statement, said that the microfinance sector's stress continued to weigh on the NII and credit costs, thereby impacting profitability for the quarter. However, with improved collection efficiency in Inclusive Finance and the underlying strength of the Bank's diversified portfolio-especially the secured retail and MSME segments-positions it well for improved performance going forward. It added: Looking ahead, the bank remains confident in its strategy of continuing focus on individual loans (Vikas Loan) in Inclusive Finance, diversifying the asset mix, strengthening the deposit franchise, and leveraging digital platforms. The investments made in credit protection mechanisms, customer acquisition through digital platforms, and focused execution in priority segments are expected to support consistent and profitable growth through FY26 and beyond. About Suryoday Small Finance Bank Limited Suryoday Small Finance Bank Limited is a scheduled commercial bank. Commencing its operations as an NBFC and for over a decade with a clear focus on serving customers in the unbanked and underbanked segments and promoting financial inclusion.
