Q2 Results impact: CEAT shares rise 10% to hit record high, Sobha up 4%, Can Fin Homes at 10-month high

Q2 Results impact: CEAT shares rise 10% to hit record high, Sobha up 4%, Can Fin Homes at 10-month high

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Shares of CEAT, Sobha Developers, Can Fin Homes rose up to 10% on October 20 amid strong Q2 results.

Sobha Developers

Real estate developer Sobha Developers' shares rose as much as 4% to Rs 1,585 on October as the company's second quarter profit jumped to Rs 72.5 crore from Rs 26 crore a year ago, a jump of nearly 180%.

Its revenue increased 50.7% on high prices and sustained demand for premium housing

Global brokerage Jefferies said strong launch pipeline worth Rs 20,000 crore drives confidence on a strong year, adding that Q2 pre-sales being up 61% YoY were a positive surprise with core Bengaluru market driving 70% of sales

Investec said that although core profit margins fell 60 bps YoY due to completion of legacy low margin projects, they should rise by FY27 as high-margin premium projects scale up.

So far in 2025, the stock has been down 2.4%.

At 1:25 pm on October 20, the stock was trading 0.6% higher at Rs 1,534.5.

Can Fin Homes

Shares of housing financier Can Fin Homes rose as much as 5.29% to Rs 843.4 apiece on October 20, their highest in over 10 months.

The NBFC posted a 19% year-on-year rise in net profit after tax in the September quarter, post-market hours on October 17.

Investec termed the results as "good", adding growth in disbursements will aid re-rating of the stock.

Jefferies said the profit rise has been aided by higher net interest margins and lower provisions

Can Fin Homes shares rose 5.5% in 2025 so far, mirroring the 6% rise in the Nifty 500 index, exchange data showed.

CEAT

Shares of CEAT rallied 9.7% to reach their all time high of Rs 4,077 on October 20.

The tyre maker's Q2 net profit rose 52.6%, revenue increased 12.2% backed by increasing vehicle sales post GST cut.

Emkay said CEAT is poised to benefit from the demand upturn backed by strong consumer-facing segment exposure.

Investec said CEAT continues to remain the preferred play in the tyres space and with tariff clarity in place, CAMSO business growth prospects should improve once the integration is complete

More than 1.5 million shares were traded on October 20 so far, 13x their 30-day average.

CEAT shares rose 26% in 2025 so far.

With inputs from Reuters