EL7.AI
StocksMedium•11 November 2026•
3 min read

Balmer Lawrie shares jump more than 16% after second-quarter results

Key Facts

1Balmer Lawrie shares rose more than 16% on November 11, 2026.
2Total income rose 26.34% to 818.04 crore rupees in the second quarter of fiscal 2027, from 647.48 crore rupees a year earlier.
3Pre-tax profit increased 42.95% to 93.63 crore rupees, from 65.50 crore rupees in the corresponding period.
4The stock returned 19.06% over two weeks through November 11, 2026.
5The board gave in-principle approval to carve out the travel and vacations unit, subject to the required approvals.

Balmer Lawrie shares jumped more than 16% on Wednesday, November 11, 2026, after the company announced its second-quarter results, in a session that coincided with improving broader market sentiment and buying interest following the results, according to Livemint. Total income in the second quarter of fiscal 2027 rose 26.34% year on year to 818.04 crore rupees, from 647.48 crore rupees in the corresponding quarter of the previous fiscal year. Pre-tax profit also increased 42.95% to 93.63 crore rupees, compared with 65.50 crore rupees a year earlier. The share-price move followed the release of quarterly results, combining revenue growth with an improvement in pre-tax profit. Livemint said the stock rose "more than 16% on Wednesday, November 11, in line with positive sentiment in the broader stock market."

The stock’s gains in the session exceeded its performance over the broader periods tracked by the same report: its return for the week through November 11 was 13.15%, while its gain over two weeks reached 19.06%. On a monthly basis, the stock rose 18.38% through the report date. These figures place Wednesday’s jump within a recent upward trend, with returns varying according to the measurement period. Livemint reported that the stock "gained 13.15% over the past week," while its two-week return was 19.06%. It also said the stock "rose 18.38% over the past month."

The stock traded between a low of 169.05 rupees and a high of 192.4 rupees on the Bombay Stock Exchange during the November 11 session, according to Livemint. The range reflects the extent of the price move on a day when shares rose more than 16%, as investors followed the company’s results. The report said the stock opened at the session low before touching its highest price of the day. Livemint said the stock "opened at the session low of 169.05 rupees per share on the Bombay Stock Exchange, then reached a high of 192.4." These levels come amid the weekly and monthly gains cited by the report, with the different periods remaining separate measures.

Alongside the second-quarter results, Livemint reported that the company’s board gave in-principle approval to carve out the strategic travel and vacations business unit and convert it into a wholly owned subsidiary. The move remains subject to the required approvals, according to the report. The in-principle approval is a corporate development separate from the period’s results, and its execution awaits completion of the necessary procedures. Livemint reported that the board gave "in-principle approval to carve out the strategic travel and vacations business unit." The report did not give a specific timeline for completing the approvals or carrying out the carve-out.