Bikaji Foods shares rise 4% after Q2 revenue reaches ₹938.5 crore
In short
Bikaji Foods shares rose 4% after the company said its Q2 revenue reached ₹938.5 crore. The stock hit an intraday high of ₹509.90, with 10.56 lakh shares traded worth ₹52.66 crore.
The move matters because investors reacted to the revenue number, even though rising costs squeezed margins.
What the reporting says
Bikaji Foods shares rallied 4% after the company reported Q2 revenue of ₹938.5 crore, even as margins were squeezed by rising costs. The stock touched an intraday high of ₹509.90 and traded 10.56 lakh shares worth ₹52.66 crore, with market capitalisation at ₹12,346.26 crore. The brief links the gain to the revenue update and notes pressure on profitability.
Why it matters
Bikaji Foods shares gained 4% after Q2 revenue came in at ₹938.5 crore, while rising costs squeezed margins. The stock touched an intraday high of ₹509.90 and saw 10.56 lakh shares traded worth ₹52.66 crore.