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Overall view of all the recent market developments which will help in your investment decisions

 
Stock Alert: Steel Str. Wheel, Permanent Magnet, GNA Axles, Cosmic CRF, Evexia Lifecare
27-Oct-26 08:30Hrs IST

Steel Strips Wheels Ltd shares rose 19.99% to Rs 469.7 after Q3 FY26 net profit increased 68.39% to Rs 116.95 crore, with revenue up 27.82% to Rs 1929.92 crore. Profit before tax surged 225.23% year-on-year to Rs 156.34 crore. The stock has rallied 109.83% in the last year, outperforming the BSE Sensex.


Permanent Magnets Ltd’s share price fell to Rs 864.55, declining 4.25%, after Q3 FY26 results showed net profit up 97.11% to Rs 7.51 crore, and revenue up 14.60% to Rs 72.46 crore. PBT surged 232.70% year-on-year to Rs 12.31 crore. The stock has fallen 12.76% in the last year.


GNA Axles Ltd’s share price fell to Rs 520.4, despite Q3FY26 net profit rising 15.16% to Rs 44.07 crore, with revenue up 10.78% to Rs 521.15 crore. Profit before tax expanded 42.99% year-on-year to Rs 60.57 crore, and EBITDA reached Rs 81 crore. The stock has surged 65.57% in the last year.


Cosmic CRF Limited reported that its subsidiary, N.S. Engineering Projects Private Limited, received purchase orders of Rs 1234.10 Lakhs from Jai Balaji Industries Ltd. The order, for 1300.00 MT of fabricated MS steel items, will be completed within two months. The domestic, arm’s length transaction, with no related party interest, was disclosed on October 26, 2026.


Evexia Lifecare’s share price fell to Rs 1.82, down 4.71%, after Q3FY26 results revealed a 45.24% net profit drop to Rs 0.23 crore and a 19% revenue decline to Rs 25.02 crore. Year-on-year, PBT decreased by 27.45%, while EBITDA surged 171.88% but tumbled sequentially by 328.95%. The stock has fallen 8.08% in the last year.


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