BlackBuck shares surged 17.63% in early trade, hitting a record high of INR 569.90 after announcing strong Q1 FY26 results.
The company posted a 17% YoY rise in net profit to INR 33.7 Cr, up from INR 28.7 Cr in the same quarter last year.
Operating revenue jumped 56% YoY to INR 143.6 Cr from INR 92.2 Cr in Q1 FY25.
Sequentially, net profit dropped 88% from INR 280.2 Cr in Q4 FY25 despite strong yearly growth.
At 11:30 AM, the stock traded at INR 553 on BSE, up 14.1%, with a market cap of INR 9,807.65 Cr and 77 lakh shares traded.
The all-time high price is 129.5% above its 52-week low of INR 248.25 and 104.22% higher than its IPO listing price of INR 279.05.
Year-to-date, BlackBuck shares have delivered a 19.95% return, far outperforming the Sensex’s 2.5% gain.
Strong earnings momentum and investor confidence continue to propel the stock to new highs in the logistics sector.