Moneycontrol PRO
HomeNewsBusinessStocksBharat Global continues bull run, shares hit 5% upper circuit on Rs 156 crore order

Bharat Global continues bull run, shares hit 5% upper circuit on Rs 156 crore order

Today marked the 18th consecutive session that Bharat Global shares were locked in a 5 percent upper circuit. So far in November, the stock has surged by nearly 120 percent.

November 26, 2024 / 14:56 IST
Bharat Global, previously known as Kkrrafton Developers, specialises in sourcing, importing, and exporting a diverse range of products across sectors including textiles, agriculture, consumer goods, and more.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Shares of Bharat Global Developers extended gains and were locked in a 5 percent upper circuit of Rs 1,544.70 on BSE while the company secured an order worth Rs 156 crore from UPL Agro, a renowned leader in the agricultural sector.

    The Rs 156-crore order involves the supply of oil-grade groundnuts, with a total quantity of 3 lakh tons. At a price of Rs 52 per kilogram, the deliveries will be made over the next six months, directly to UPL Agro. All shipments will undergo stringent quality checks to meet UPL Agro's standards.

    Today marked the 18th consecutive session that Bharat Global shares were locked in a 5 percent upper circuit. So far in November, the stock has surged by nearly 120 percent.

    Follow our live blog for all the market action

    In Q2FY25, Bharat Global reported a sharp rise in profit, climbing to Rs 10 crore from Rs 2.5 crore in the previous quarter. Revenue from operations also surged, reaching Rs 216.4 crore, up from Rs 54 crore in the preceding quarter.

    The Agricultural Products segment emerged as the top contributor, with revenue increasing to Rs 102.6 crore from Rs 42.4 crore. The textile segment's revenue jumped to Rs 78 crore from Rs 11.7 crore.

    Revenue from other segments stood at Rs 27.2 crore for Gold, Rs 8.4 crore for Construction Materials, and Rs 4.3 lakh for Electronics.

    Bharat Global, previously known as Kkrrafton Developers, specialises in sourcing, importing, and exporting a diverse range of products across sectors including textiles, agriculture, consumer goods, and more.

    Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Nov 26, 2024 02:56 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347