Mid-day movers: Schneider Electric, RHI Magnesita India and Greenlam Industries make it to BSE top gainers list

The stock prices surged on the back of strong Q3FY22 earnings.

At 1.05, while BSE Sensex was down by 1.22 per cent, while these three stocks were trading in green. 

Schneider Electric Infrastructure Limited (SEIL)  

This S&P BSE Smallcap stock rose by more than 16 per cent on account of stellar Q3FY22 performance. Its topline went up by 27.13 per cent YoY and 99 per cent sequentially to Rs 600.46 crore. Similarly, the PAT went up by 57.11 per cent YoY and 699 per cent QoQ to Rs 52.38 crore. 

Greenlam Industries Ltd (GRNLAMIND) 

This was another S&P BSE Smallcap stock that went up by more than 10 per cent after reporting its Q3FY22 performance. During the quarter, the net revenue grew by 34.4 per cent YoY to Rs 449.7 crore. The PAT declined by 15.8 per cent YoY but rose by 29.9 per cent sequentially to Rs 26.9 crore.  

Rhi Magnesita India Ltd (RHIM) 

This S&P BSE 500 stock surged by more than 11 per cent today after its results came out yesterday post the market hours. On a consolidated basis, the company’s net revenue went up by 41.54 per cent YoY to Rs 543.35 crore, while the PAT surged by 73.12 per cent YoY to Rs 76.09 crore.