Q3 Results: Sundaram Finance Soars, Saksoft Plunges Amid Contrasting Investor Sentiment

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CNBC Awaaz•02-02-2026, 14:21
Q3 Results: Sundaram Finance Soars, Saksoft Plunges Amid Contrasting Investor Sentiment
- •Sundaram Finance Ltd. shares surged after strong Q3 results, with net profit up 18.9% to ₹541.4 crore and NII rising 19% to ₹913 crore.
- •Sundaram Finance's share price crossed ₹5,200, building on a 15% rise over the past year, reflecting sustained investor confidence.
- •Saksoft Ltd. shares experienced a sharp decline, falling to around ₹150, despite a 7.4% increase in net profit to ₹29 crore and 10.6% revenue growth.
- •Saksoft's stock has seen a 20% decline over the past year, indicating broader investor disappointment despite decent Q3 operational improvements.
- •The contrasting market reactions highlight that investor expectations, future growth outlook, and sentiment are as crucial as financial numbers.
Why It Matters: Sundaram Finance soared on strong Q3 results and confidence, while Saksoft plunged despite profit growth due to market sentiment.
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