On November 2, 2024, shares of Redington (India) Limited surged over 17% following the release of its Q2 results for FY24. Despite a 3.49% decline in net profit to ₹292.87 crore, the company's revenue grew by 12.04% to ₹24,895.56 crore, instilling investor confidence. The stock opened at ₹182.77, peaking at ₹196.00.
Similarly, GHCL Limited saw a 10% increase in its share price, reporting a net profit of ₹154.8 crore, an 8.4% rise from last year, despite a slight revenue dip to ₹792.8 crore. GHCL shares opened at ₹600.90, reaching a high of ₹603.90.
Gillette India shares surged over 22% after reporting a 17.1% revenue increase to ₹781.82 crore and a net profit rise of 43.4% to ₹133.01 crore. Shares opened at ₹9,621.00, hitting a high of ₹10,097.95.
Genesys International Corporation's stock rose 13% following a net profit turnaround to ₹11.1 crore and a revenue increase of 116.87% to ₹72 crore. The stock opened at ₹816.90.
Lastly, Paras Defence and Space Technologies shares jumped over 15% after reporting a 42% revenue increase to ₹87.09 crore and a net profit rise of 45% to ₹12.7 crore. The stock opened at ₹1,058.25.