Q3 Results: Sundaram Finance Soars, Saksoft Plunges Amid Contrasting Investor Sentiment
C
CNBC Awaaz02-02-2026, 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.

More like this

Loading more articles...