Jindal Stainless, Phoenix Mills, Borosil Ltd, Ami Organics—From 52-week high to lower circuit, how shares fared post q3 result

Shares of Phoenix Mills, Jindal Stainless Ltd, Borosil Ltd, Ami Organics and TVS Motor Company were trading mixed on Tuesday, a day after these companies declared the results for q3fy22 on Monday.

Jindal Stainless traded on new 52-week high, Borosil Ltd hit 5 per cent lower circuit, Phoenix Mills gained 2 per cent, Ami Organics declined over 2 per cent and TVS Motor Company gained nearly 3 per cent In Tuesday's intraday trade on the BSE

Jindal Stainless:

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Shares of this metal company traded at 52-week high of Rs 224.60 per share after stainless steel producer reported a 158% YoY rise in the consolidated profit at Rs 442 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 171 crore in the corresponding quarter last year. At 9.55 am, shares of Jindal Stainless were trading 1.24% lower to Rs 214.85 apiece on the BSE.

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Borosil Ltd:

Despite the glassware company reported a 9% YoY rise in the consolidated profit at Rs 24 crore for the quarter ended December 31, 2021, shares of the company hit a 5 per cent lower circuit to Rs 385.60 per share on the BSE. It had posted a profit of Rs 22 crore in the corresponding quarter last year. Shares glassware maker was trading with 3 per cent discount to Rs 383.70 a share on the BSE around 10.10 am.

Phoenix Mills

This realty stock gained nearly 2 per cent to Rs 1013.95 a share on the BSE after the leading retail mall developer reported a 44.8% YoY rise in the consolidated profit at Rs 98.9 crore in December 2021 quarter against a profit of Rs 68.3 crore in the corresponding quarter last year. At 10.20 am, the shares were trading with gains of Rs 12.40 or higher by 1.28% to 984.90 per share on the BSE.

Ami Organics

After the AMI Organics reported a 36% YoY rise in the consolidated profit at Rs 19 crore for the quarter ended December 31, 2021, the shares of pharmaceutical company were trading lower by more than 2 per cent or Rs 23 to 982.60 per share on the BSE. The company posted a profit of Rs 14 crore in the corresponding quarter last year.

TVS Motor Company

The two-wheeler auto maker reported an 8.3% YoY rise in the standalone profit at Rs 288 crore for the quarter ended December 31, 2021 against a profit of Rs 266 crore in the corresponding quarter last year. At 9.50 am, shares of TVS Motor Company were trading higher by Rs 12.60 or 1.98% to Rs 649.40 a share in Monday's intraday trade on the BSE. Stock of the two-wheeler auto maker hit day's high of Rs 685 per share.

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