20% Upper Circuit: Textile stock skyrockets after its net profit increases by 280% YoY

Synopsis:

Tuni Textile Mills Limited, a Textile Stock, reports 81.24% YoY revenue growth and a 280% YoY net profit surge in Q2 FY26 results.

This Textile Stock under Rs. 2, engaged in the business of manufacturing and marketing premium synthetic and blended fabrics, including shirting and grey fabrics, hit a 20 percent upper circuit after the company reported September quarterly results with a 280 percent YoY increase in net profit.

With a market capitalization of Rs. 20.96 crores, the shares of Tuni Textile Mills Limited hit a 20 percent upper circuit of Rs. 1.62 per share on Wednesday, up from its previous closing price of Rs. 1.35 per share. Since then, the stock has retreated and is currently trading at Rs. 1.58 per equity share.

Q2 FY26 Result Walkthrough

Coming into the quar