Eight stocks moved after earnings and company updates, with KRBL shares up 11%

On November 3, 2026 eight stocks moved post Q2 earnings including company specific updates. The share of KRBL rose by 11%. Interestingly while few stocks witnessed increase in profit of the company, the stock price of Carborundum Universal and Sheela Foam moved in opposite direction to earnings numbers.

KRBL shares rose 11% after Q2 profit increased 50.4%

Market data showed KRBL share price rose 11% at 10:42 AM IST on 3 November 2026. KRBL reported Q2 net profit of ₹259 crore, an increase of 50.4% year on year.

Revenue increased 14.3% to ₹1,727.4 crore, while EBITDA rose 46.7% to ₹332.2 crore, the company said. EBITDA margin increased to 19% from 15%.

VRL Logistics shares gained 10% as Q2 profit more than doubled

VRL Logistics share price soared by 10% at 10:42 AM IST on 3 November 2026 as the company posted a Q2 net profit of ₹103 crore as against ₹50 crore in corresponding quarter of prior year.

Revenue rose 20.7% to Rs 962 crore. EBITDA soared 46.4% to Rs 221 crore and EBITDA margin improved to 23% from 19%, VRL Logistics said in a statement.

Carborundum Universal shares rose 3% despite an 83.8% profit fall

Market data showed Carborundum Universal share price rose 3% at 10:42 AM IST on 3 November 2026. The company reported Q2 net profit of ₹12.04 crore, down year on year.

Revenue grew 13.2% at Rs 1,469 crores. EBITDA grew 17.7% at Rs 184.1 crores with EBITDA margins increasing to 12.5% from 12.1%, said Carborundum Universal.

Sheela Foam shares fell 5% as EBITDA and margin declined

Sheela Foam share price fell 5% at 10:42 AM IST on November 3, 2026. The company’s Q2 profit climbed to Rs 46.3 crore versus Rs 9.7 crore in the corresponding period previous year.

Revenue increased 19.4% to ₹1,045 crore from ₹875 crore. EBITDA fell 4.6% to ₹83.2 crore from ₹87.1 crore, while EBITDA margin contracted to 8% from 10% year on year, Sheela Foam reported.

Akums Drugs shares gained 5% after Q2 consolidated profit rose 176.7%

Market data showed that shares of Akums Drugs and Pharmaceuticals were up 5% at 10:42 AM IST on 3 November 2026. The company also announced Q2 consolidated net profit of ₹112.9 crore up 176.7% y-o-y.

Revenue increased 31.9% to ₹1,342.4 crore, Akums Drugs and Pharmaceuticals said.

TVS Holdings shares rose 2% after a ₹483.91 crore rights-issue allotment

TVS Holdings’ share price rose 2% at 10:42 am IST on November 3, 2026 when the shares were allotted. 12.55 crores additional equity shares were allotted in Home Credit India Finance through a rights issue.

TVS Holdings valued the allotted shares at ₹483.91 crore. Its shareholding in Home Credit India Finance remained unchanged at 74.45% after the allotment.

LIC Housing Finance shares rose 2% during the session

Market data showed LIC Housing Finance share price rose 2% at 10:42 AM IST on 3 November 2026.

Samvardhana Motherson shares rose 1.6% after a Spinheat collaboration

Samvardhana Motherson shares rose 1.6% at 10:42 AM IST on 3 November 2026, market data showed. The Motherson Group announced a collaboration with Singapore's Nanyang Technological University to advance Spinheat, a magnetic induction technology for curing industrial coatings.

The Motherson Group said the collaboration is intended to industrialise the technology for resin coatings on automotive and aerospace components.