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Stock Alert: Fredun Pharmaceuticals Ltd, Morepen Laboratories Ltd, RMC Switchgears Ltd, Sumeet Industries Ltd, Greaves Cotton Ltd
(06-Aug-2026, 08:30 Hours IST)  
Fredun Pharmaceuticals Ltd’s share price increased 5.45% to Rs 1109.75, following a Q2FY26 net profit surge of 21.80% to Rs 13.13 crore, and revenue from operations rising 8.25% to Rs 227.76 crore over Q1FY26. The company’s market capitalization rose 22.33% in the last month, with a yearly rally of 227.89%, outperforming the BSE Sensex. Morepen Laboratories Ltd shares rose 1.19% to Rs 57.68 as Q2FY26 net profit surged 258.92% to Rs 56.35 crore, with revenue up 17.62% to Rs 570.13 crore over Q1FY26. Profit before tax jumped 380.22% year-on-year to Rs 74.53 crore. The stock is up 4.32% and 32.41% over one week and one month, respectively. RMC Switchgears Limited received 12 Letters of Award from Southern Power Distribution Company of Telangana Limited, securing a Rs 2,44,46,650 contract for LT Distribution Boxes. The award strengthens the company’s order book and is expected to positively impact revenue and growth. Execution is scheduled for 12 months following commencement. Sumeet Industries Ltd’s share price decreased 4.99% to Rs 20.20 after Q2FY26 net profit fell 69.84% to Rs 1.14 crore, despite a 2.50% revenue increase to Rs 272.36 crore. Year-over-year, PBT dropped 80.83% to Rs 1.53 crore, and EBITDA plunged 33.91% to Rs 8 crore. The stock has fallen 5.03% in the last year. Greaves Cotton Ltd’s share price fell 2.14% to Rs 232.9 after Q2FY26 results: net profit rose 180% to Rs 6.16 crore, with revenue softening 2.61% to Rs 974.12 crore. Profit before tax plunged 37.12% year-on-year to Rs 27.05 crore. Total expenses declined 1.43% to Rs 946.0 crore.
Thursday, August 13, 2026 12:00:00 AM
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