Symphony Ltd.’s share value jumped over 12% after the corporate’s consolidated web revenue rose 65% within the quarter ended March 31, 2025. The inventory was buying and selling at excessive quantity on Thursday.
The family home equipment firm got here out with its fourth quarter outcomes on Wednesday and reported a 46.98% rise in income to Rs 488 crore versus Rs 332 crore in the identical quarter final yr. Ebitda surged 87.71% to Rs 107 crore, in comparison with Rs 57 crore within the yr in the past interval and margin expanded 475 bps to 21.92% versus 17.16%.
Internet revenue rose 64.58% at Rs 79 crore versus Rs 48 crore final yr. Moreover the agency really useful a last dividend of Rs 8 per share of face worth of Rs 2 every for fiscal 2025, topic to approval from shareholders on the subsequent annual normal assembly.
Symphony Share Worth Immediately
Share value for Symphony rose as a lot as 12.33% to Rs 1,347.90 apiece, the best degree since Feb. 6, 2025. It pared positive factors to commerce 8.52% greater at Rs 1,302.10 apiece, as of 12:45 p.m. This compares to a 0.05% decline within the NSE Nifty 50.
The inventory has fallen 3.13% year-to-date, however risen 38.50% within the final 12 months. Whole traded quantity to this point within the day stood at 49 occasions its 30-day common. The relative energy index was at 64.09.
Out of 9 analysts monitoring the corporate, 5 preserve a ‘purchase’ ranking, two suggest a ‘maintain’ and two recommend ‘promote’, in response to Bloomberg knowledge. The common 12-month analysts’ consensus value goal implies an upside of 5.8%.
. Learn extra on Markets by Newsstate24 Revenue.
