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Balmer Lawrie share price jumps 16% as stock rallies after strong Q2 results, gains 19% in two weeks | Check key levels

Publié par Mint · Inde il y a 42 min
Balmer Lawrie share price jumps 16% as stock rallies after strong Q2 results, gains 19% in two weeks (Photo: AI generated )
Balmer Lawrie share price jumps 16% as stock rallies after strong Q2 results, gains 19% in two weeks (Photo: AI generated ) · Mint

Résumé détaillé

Balmer Lawrie shares surged over 16% on Wednesday after strong second-quarter results boosted investor interest. Standalone net profit rose 39.56% year on year to ₹67.66 crore, while total income increased 26.34% to ₹818.04 crore.

Balmer Lawrie & Company shares surged over 16% on Wednesday, 11 November, in line with positive sentiment in the broader stock market. The rally comes after the company's strong Q2 FY27 earnings, which have fuelled buying interest in the counter.

The stock has gained 13.15% over the past week following its September-quarter results, while its two-week return stands at 19.06%. It has advanced 18.38% over the past month.

On 3 November, Balmer Lawrie & Company reported a 39.56% year-on-year increase in standalone net profit to ₹67.66 crore for the second quarter ended 30 September 2026, compared with ₹48.48 crore in the corresponding quarter last year.

The company's total income rose 26.34% to ₹818.04 crore in Q2 FY27 from ₹647.48 crore a year ago. Profit before tax (PBT) increased 42.95% to ₹93.63 crore, compared with ₹65.50 crore in the year-ago period.

For the first half of FY27, total income stood at ₹1,570.58 crore, up from ₹1,332.76 crore in the corresponding period last year. PBT rose to ₹172.75 crore from ₹140.88 crore, while net profit increased to ₹125.32 crore from ₹104.41 crore.

The company's board approved the financial results at a meeting held in Hampi, Karnataka, on 2 November.

Balmer Lawrie is a Miniratna-I public sector enterprise with diversified business operations.

Balmer Lawrie & Company is planning a capital expenditure programme of nearly ₹500 crore over the next three years, primarily to expand its railway logistics, third-party logistics (3PL) and travel businesses.

According to a PTI report dated 21 September, Chairman and Managing Director Adhip Nath Palchaudhuri said the railway logistics segment would receive the largest allocation of ₹200–250 crore. Another ₹100 crore has been earmarked for routine operational capital expenditure across existing businesses, including packaging, greases and lubricants, and chemicals.

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