Shares of Pearl Global Industries Limited rallied nearly 6% to touch its 52-week high levels during Monday’s intraday trading session. The sharp jump in the stock has come days after the textile and apparel company reported a 37.36% annual jump in its net profit for the quarter ended in September, 2026.
The company has also announced an interim dividend, and its record date is falling in the next two days. Here are all the details to know.
The double digit revenue growth of the company was driven by strong realisation and volume growth. Its EBITDA also increased by 41% on an annual basis. Stronger order execution and capacity utilisation with further growth are also expected to support company growth in the coming quarters, according to Motilal Oswal report.
“ We expect PGIL to deliver healthy revenue growth, supported by volume growth and capacity additions, while improving operating leverage and product mix should support margin expansion over the medium term,” read the MOFSL report.
The brokerage gave a ‘Buy’ rating for the target with a revised target price. Its share price target stood at ₹1,550 per share.