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By Malvika Gurung
Investing.com — Schneider Electric (PA:) Infrastructure (NS:)
The electric products manufacturer ended 19.7% higher at Rs 128.35 apiece on Friday, after posting robust Q3 earnings results, with net profit surging 57% YoY to Rs 52.37 crore, driven by higher revenues, while total income gained 30.8% YoY to Rs 602.4 crore in Q3 FY22.
Solara Active Pharma Sciences (NS:)
The pharmaceutical company ended 20% lower at Rs 620.3 apiece on Friday, extending its free fall for the second consecutive session. It posted a net loss of Rs 139.8 crore in Q3 FY22, compared to a net profit of Rs 65.8 crore posted in Q3 FY21.
Moreover, the drugmaker’s board approved the CEO and COO stepping down from their positions.
Fairchem Organics (NS:)
The chemicals manufacturer tanked 18.06% to Rs 1,669.45 apiece on Friday, led by poor Q3 earnings, as its net profit declined 35% sequentially in the Dec-ending quarter, through climbing 0.4% on a YoY basis.
Hindustan Construction Company (NS:)
The construction and engineering company zoomed 16.2% to Rs 19 apiece on Friday, led by a strong technical setup on daily charts. Its traded volume rose over three times compared to the two-week average.
Besides, the firm reported a sales gain of 11% in the Dec-ending quarter at Rs 2670.7, YoY, last week.
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