Announced Fri, 7 Aug · 15:56 IST
Ashutosh Agarwal exits as CFO, Rajesh Daga takes over from Aug 11
ELECTCAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹71.26
prior close
₹71.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.0+1.4+2.6+3.4+3.7+2.5-0.6+1.0+1.0+16.6+12.6——
Up moveDown movePending
AI summary
Board approved Q1 FY27 results: consolidated revenue Rs 1,425.57 cr, PAT Rs 48.37 cr (down from Rs 89.08 cr YoY). Ashutosh Agarwal resigned as Whole-Time Director and CFO effective Aug 10. Rajesh Daga, a Chartered Accountant and company veteran since 1989, appointed CFO from Aug 11. Also approved making rubber products for Indian Railways including Vande Bharat components.
Likely market impact
Smooth internal CFO handover. Profits nearly halved YoY. New rubber products line for railways adds a fresh revenue stream.