Shares of rallied sharply following the company’s Q4 FY26 results, rising as much as 19 per cent during the session.
The stock was trading 14 per cent higher at ₹276.11 around 11.33 am, after hitting an intraday high of ₹286.78 compared to the previous close of ₹241.53.
The surge in share price came after the company reported a strong set of numbers for the March quarter. Profit after tax nearly doubled to ₹116.69 crore in March 2026 quarter from ₹53 crore in the same quarter last year, driven by improved operational performance. Revenue from operations rose 52 per cent y-o-y to ₹688.88 crore during the quarter under review, compared to ₹453.38 crore in the corresponding period last year.
On a full-year basis, the company reported a marginal increase in profit, with FY26 PAT at ₹292.26 crore as against ₹290.40 crore in FY25.
Adding to investor sentiment, the board recommended a final dividend of ₹12 per equity share of face value ₹10 each. The dividend, if approved by shareholders at the upcoming 95th AGM, will be paid within 30 days of approval.