Manaksia Aluminium Company Ltd, Kothari Products Ltd, Celebrity Fashions Ltd and Khaitan Chemicals & Fertilizers Ltd are among the other losers in the BSE's 'B' group today, 24 January 2023.

Indoco Remedies Ltd lost 9.41% to Rs 366.65 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 59642 shares were traded on the counter so far as against the average daily volumes of 11282 shares in the past one month.

Manaksia Aluminium Company Ltd tumbled 9.36% to Rs 22.75. The stock was the second biggest loser in 'B' group.On the BSE, 69126 shares were traded on the counter so far as against the average daily volumes of 10341 shares in the past one month.

Kothari Products Ltd crashed 8.40% to Rs 112.8. The stock was the third biggest loser in 'B' group.On the BSE, 6154 shares were traded on the counter so far as against the average daily volumes of 3443 shares in the past one month.

Celebrity Fashions Ltd fell 6.49% to Rs 18. The stock was the fourth biggest loser in 'B' group.On the BSE, 85339 shares were traded on the counter so far as against the average daily volumes of 17548 shares in the past one month.

Khaitan Chemicals & Fertilizers Ltd pared 6.37% to Rs 70.6. The stock was the fifth biggest loser in 'B' group.On the BSE, 1.1 lakh shares were traded on the counter so far as against the average daily volumes of 50800 shares in the past one month.

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EBIDTA fell by 16% YoY to Rs 61.7 crore while EBIDTA margin contracted by 610 bps to 15% during the quarter.

Operating profit in Q3 FY23 stood at Rs 57.3 crore, down by 15% from Rs 67.5 crore in Q3 FY22.

Aditi Panandikar, managing director, Indoco Remedies, said, “A good performance in domestic business and an excellent growth in export business has allowed us to post good results this quarter.”

Indoco Remedies, headquartered in Mumbai, is a fully integrated, research-oriented pharma company with presence in 55 countries.

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Net profit of Indoco Remedies declined 14.70% to Rs 28.14 crore in the quarter ended December 2022 as against Rs 32.99 crore during the previous quarter ended December 2021. Sales rose 17.85% to Rs 411.15 crore in the quarter ended December 2022 as against Rs 348.87 crore during the previous quarter ended December 2021.

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Chalet Hotels Ltd, Route Mobile Ltd, Aether Industries Ltd, Infibeam Avenues Ltd are among the other stocks to see a surge in volumes on NSE today, 23 January 2023.

Indoco Remedies Ltd clocked volume of 3.36 lakh shares by 14:14 IST on NSE, a 9 times surge over two-week average daily volume of 37294 shares. The stock gained 3.19% to Rs.404.00. Volumes stood at 26874 shares in the last session.

Chalet Hotels Ltd clocked volume of 4.13 lakh shares by 14:14 IST on NSE, a 7.92 times surge over two-week average daily volume of 52083 shares. The stock gained 0.25% to Rs.341.00. Volumes stood at 38824 shares in the last session.

Route Mobile Ltd registered volume of 7.11 lakh shares by 14:14 IST on NSE, a 6.24 fold spurt over two-week average daily volume of 1.14 lakh shares. The stock slipped 1.26% to Rs.1,161.45. Volumes stood at 1.41 lakh shares in the last session.

Aether Industries Ltd clocked volume of 2.06 lakh shares by 14:14 IST on NSE, a 5.43 times surge over two-week average daily volume of 37834 shares. The stock gained 4.37% to Rs.934.00. Volumes stood at 1.34 lakh shares in the last session.

Infibeam Avenues Ltd registered volume of 818.31 lakh shares by 14:14 IST on NSE, a 5.41 fold spurt over two-week average daily volume of 151.18 lakh shares. The stock slipped 5.39% to Rs.17.55. Volumes stood at 387.74 lakh shares in the last session.

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