Buzzing Stocks: ESDS Software down 5% despite 14% profit rise; JSW Cement slips on ₹230 crore GST notice
Last Updated: 25th September 2026 - 11:59 am
Dalal Street is set for another session of stock-specific action on September 25, with a batch of corporate announcements and quarterly numbers giving traders plenty to work with.
ESDS Software Solution lost 5% even though its Q1 numbers improved on both counts. The net profit increased by 14% from last year to ₹29.3 crore, while the revenue stood at ₹133.7 crore as compared to ₹124.6 crore in the previous year, an increase of 7.3%.
Wheels India moved up 3%. The company started accepting subscriptions through QIP on September 24, at the floor price of ₹2,197.10 per share, while it can also decide to provide a discount of 5 percent from that amount.
FSN E-Commerce Ventures, the parent of Nykaa, added 1%. Nykaa and BOLD, the corporate venture capital fund of L'Oréal, have tied up to invest together in high-growth Indian beauty and personal care brands.
Purple Style Labs fell 2%, even with a solid quarter. The company has narrowed its loss in Q1 to ₹88.1 crore from ₹100.3 crore, whereas revenues have grown 13% to ₹119.4 crore from ₹105.7 crore.
Shares in JSW Cement fell by 1% following issuance of the show-cause notice seeking a GST demand amounting to ₹229.85 crore, including interest and penalty of 10%. The notice relates to an alleged short payment arising from incorrect classification. In a separate development, JSW One Platforms has filed a DRHP for an IPO to raise up to ₹3,054 crore.
Through the day, brokerage calls, block deals, order wins, regulatory updates and other company-level triggers are likely to keep individual stocks on the move.
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