Share of Ami Organics surged 10% to ₹ 1,243 on the BSE in Friday's intra-day deal, after the company posted 144% YoY jump in its consolidated PAT at ₹ 62.7 crore in Q4FY25.
Technical charts suggest that microcap stocks such as Cyient DLM, Sansera Engineering, AMI Organics, Aarti Pharmalabs and Medplus Health Services can potentially rally up to 23% from present levels.
Shares of Ami Organics and Aeroflex Industries have hit new highs on the BSE in Wednesday's intra-day trade.
The management believes, that on account of ramp-up of existing products, Fermion contract, and potential commercialisation of another CDMO contract in FY26E, Ami has strong revenue visibility.
Ami Organics share price gained 17.69 per cent at Rs 2215.40 a piece on the BSE in Wednesday's intraday trade after the company delivered a significant rise in revenues and profit for Q3FY25
In the second quarter, Ami Organics registered consolidated net profit of Rs 37.33 crore as compared to a loss of Rs 18.85 crore
As of 7:10 AM, most Asia-Pacific markets were active following Japan's better-than-expected trade data. Japan's Nikkei was up 0.55 per cent, with Korea's Kospi surging nearly 1 per cent
CLOSING BELL: The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy's Labs, Wipro, Ultratech Cement, and Infosys
The markets are likely to react to Reliance and ICICI Bank results at the opening bell today
Shares of Ami Organics dropped more than 4 per cent on Friday as the 30-day lock-in period meant for anchor investors ended
Ami Organics rallied 20% to Rs 1,345.70 in the intra-day trade today