This company gains post quarterly results, Check full details here
GH News August 06, 2025 07:07 PM
Shares of Balaxi Pharmaceuticals Limited trade in green today i.e. even as the benchmark indices Sensex and Nifty traded lower on Wednesday August 6 2025. The stock of the Hyderabad-based pharmaceutical company opened in the red at Rs 46.50 against the previous close of Rs 47.20 on the National Stock Exchange (NSE). However it later jumped to hit a high of Rs 48.48 amid firm buying. Last seen the counter was trading with a gain 0.87 per cent at Rs 47.61. The stock has a 52-week high which is the highest price the stock has reached in the past year of Rs 127.45 hit on September 16 2024 and a 52-week low which is the lowest price the stock has reached in the past year of Rs 44.41. Quarterly Results Despite a significant 85.84 per cent fall in its net profit at Rs 0.19 crore in the April-June quarter of the financial year 2025-26 compared to Rs 1.38 crore in the same quarter a year ago Balaxi Pharmaceuticals stock has shown remarkable resilience trading in the green. This suggests potential for future growth. According to the information shared the companys revenue from operations stood at Rs 16.71 crore in the quarter under concern. This is down by 12.18 per cent from Rs 19.03 crore in the same quarter in the previous year. Also EBITDA which stands for Earnings Before Interest Taxes Depreciation and Amortization stands at Rs 1.00 crore in June 2025 down 57.63 per cent from Rs 2.36 crore in June 2024. Stock Market Today The 30-share BSE Sensex climbed 124.18 points or 0.15 per cent to 80834.43 in early trade. The 50-share NSE Nifty went up by 21.85 points to 24671.40. Later both the benchmark indices gave up early gains and were quoting lower. The BSE benchmark traded 82.53 points lower at 80627.72 and the NSE Nifty quoted 29 points down at 24620.55. Among the Sensex firms HCL Technologies Infosys Sun Pharmaceuticals Tech Mahindra Eternal Tata Consultancy Services Mahindra & Mahindra Bajaj Finance Reliance Industries and HDFC Bank were the major laggards. Trent Adani Ports Bharti Airtel Kotak Mahindra Bank ICICI Bank Maruti UltraTech Cement Asian Paints BEL and State Bank of India were among the gainers.
© Copyright @2025 LIDEA. All Rights Reserved.