Signal Desk · Markets

V-Guard shares jump nearly 11% after profit surges

2026-10-29 · 1 source · CNBC TV18 Market

In short

V-Guard Industries shares jumped nearly 11% after the company said its Q2 profit rose 72% to ₹112 crore. Chairman and Managing Director Mithun K Chittilappilly said all segments recorded strong growth.

The move matters because investors reacted positively to the earnings update. The report does not give the full revenue details or say how long the share rally may last.

What the reporting says

V-Guard Industries shares jumped nearly 11% after the company reported Q2 profit surged 72% to ₹112 crore. Chairman and Managing Director Mithun K Chittilappilly said the company delivered another quarter of robust and consistent performance, with all segments recording strong growth. The reporting does not give the full revenue breakdown or the exact market reaction beyond the share-price jump.

Why it matters

V-Guard Industries shares rose nearly 11% after the company reported that Q2 profit surged 72% to ₹112 crore. Chairman and Managing Director Mithun K Chittilappilly said performance was robust and consistent, with strong growth across all segments. The report ties the stock move to the earnings beat, but it does not provide the full revenue figures or a forward-looking outlook.

Touches: V-Guard Industries, Markets, Companies

Sources