The shares of 'Sudarshan Pharma' are to be in focus during the intraday trade on Friday after the small-cap pharma company reported a robust 86 per cent rise in its net profit to Rs 7.78 crore for the second quarter of the current fiscal year (Q2 FY26).
The Pharma stock started the session with a huge gap up of Rs 39, up 5.54 per cent from the last closing of Rs 36.95 on BSE, buoyed by the earnings report.
In the same quarter a year ago, the company posted a profit of Rs 4.18 crore. Meanwhile, its revenue for the quarter also rose 28 per cent to Rs 216.97 crore from Rs 168.87 crore in the corresponding quarter a year ago.
Share Price Today
After starting the session with a huge 5.54 per cent uptick at Rs 39, the stock experienced profit booking and dragged into negative territory.
Last seen, Sudarshan Pharma stock was trading at Rs 35.30, down 4.47 per cent or Rs 1.65.
This is a developing story.