Several stocks are gaining as much as 15% on Wednesday, January 28, reacting to their Q3 results announced after market hours on Tuesday. Here's a snapshot of the key movers.
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CNBC TV1829-01-2026, 15:06

Sharda Cropchem Shares Soar 14% on Robust Q3 Profit Growth, Margin Expansion

  • Sharda Cropchem Ltd reported strong December quarter results with significant profit and operating margin expansion.
  • Consolidated net profit for Q3 surged to ₹145 crore, a substantial increase from ₹31 crore in the previous year.
  • Revenue grew by 38.7% year-on-year, reaching ₹1,288.7 crore compared to ₹929 crore in the same quarter last year.
  • EBITDA rose to ₹240.6 crore from ₹114 crore, with EBITDA margin expanding to 18.7% from 12.3%.
  • Following the positive results, Sharda Cropchem shares jumped nearly 14% to ₹991.80 on the NSE.

Why It Matters: Sharda Cropchem's Q3 performance exceeded expectations, driven by strong revenue and profit growth, leading to a 14% share surge.

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