Why did Dhanuka Agritech share price jump nearly 10% today? Explained
Sarthak Kumar
Dhanuka Agritech Limited shares surged nearly 10% in Tuesday’s trade after the company announced a share buyback plan alongside a strong set of Q4FY26 earnings.
The stock rose as much as 10% intraday after the board approved a buyback of up to 1.11% of the company’s equity shares at ₹1,400 per share, representing an approximate 18% premium to the prevailing market price.
Investor sentiment was further supported by healthy quarterly earnings growth. Dhanuka Agritech reported a net profit of ₹98 crore for Q4FY26, up 30% from ₹76 crore in the corresponding quarter last year.
Revenue from operations increased 9% YoY to ₹483 crore compared to ₹442 crore in Q4FY25. EBITDA rose 14% YoY to ₹124 crore against ₹109 crore in the year-ago quarter.
The company also reported margin expansion during the quarter, with EBITDA margin improving to 25.7% from 24.7% YoY, reflecting better operational performance.
Following the announcements, Dhanuka Agritech shares traded around ₹1,177, up over 8% during the session, after hitting an intraday high of ₹1,200.
The buyback announcement is being viewed positively by investors as it signals management confidence in the company’s long-term outlook while also enhancing shareholder value through a premium offer price.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.