• Source:JND
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Pharma Stock Under Rs 50: Shares of Sudarshan Pharma, a speciality chemicals company, rose nearly four per cent during the intraday trade after the company announced strong gains in the fourth quarter of the last financial year (Q4 FY26). The stock started the session in positive territory at Rs 31.40, rising over 3.5 per cent as compared to last day's closing of Rs 30.26 on the BSE.

However, post the opening, the counter witnessed profit booking despite a rally in the stock market and fell to touch the low of Rs 30.30. At the time of writing, the stock was trading at Rs 30.90, up Rs 0.64 or 2.12 per cent.

Meanwhile, its 52-week high and low values stood at Rs 35.19 and 18.50, respectively.

Q4 Results

The company said in an exchange filing that its profit for the fourth quarter rose 44.80 per cent to Rs 10.73 crore. It was Rs 7.41 crore in the same quarter last year.

Meanwhile, sales rose 36.72 per cent to Rs 220.92 crore from Rs 161.59 crore last year.

The company's net profit for the financial year 2026 increased 55.64 per cent to Rs 233 million (about US$ 1.3 billion). It was Rs 149.7 million (about US$ 1.4 billion) in the previous year.

Stock Market Today

The key equity indices soared over 1 per cent in early trade amid broad-based buying sentiment. However, the indices erased some of it gain in afternoon trade amid profit booking. The rally was driven by easing global tension and, as expected, the assembly elections results.

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At the time of writing, BSE Sensex was trading at 77,367.38, up 453.88 or 59 per cent. Nifty50 was trading at 24,148.35, up 150.80 or 0.63 per cent.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.


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