Penny stock Globe Textiles Share Price Jumps 9.01% After Q2 FY26 Profit Rises to ₹4.46 Crore

Ahmedabad, October 31: Penny stock Globe Textiles’ share price is trading significantly higher today, on October 31following the company’s robust Q2 FY26 financial performance. The company reported a consolidated net profit of ₹4.46 crore, marking a 17.2% year-on-year increase, which fuelled strong investor sentiment and boosted the stock price.

As of 1:45 AM, Globe Textiles’ stock price was up by 9.01%, or 0.21 points, and was trading at ₹2,54. Until now, the Globe Textiles shares have traded within a range of ₹2.78 and ₹2.36. The traded volume stood at 44.08 lakh shares, with the company’s market cap at ₹105 crore. The Globe Textiles stock has its 52-week high at ₹5.22 and its 52-week low at ₹2.02.

Globe Textiles (India) Limited is an Indian company that is engaged in the manufacturing and trading of textile products. The company was established in 1995, and is headquartered in Ahmedabad, Gujarat. The shares of the company are listed only on NSE with the ticker symbol GLOBE.

Shares Rise After Strong Q2 FY26 Net Profit

The rise in the share price of Globe Textiles comes after the company reported strong financial results for the quarter ending September 30, 2025. In Q2 FY26, the company reported revenue from operations of ₹13,635.99 lakh, compared to ₹14,827.79 lakh in Q1 FY26 and ₹14,796.39 lakh in Q2 FY25. However, net profit (PAT) increased to ₹446.38 lakh in Q2 FY26 from ₹139.52 lakh in Q1 FY26 and ₹380.76 lakh in Q2 FY25.

Although the company’s revenue saw a slight dip, the sharp rise in profit has been the key driver behind strong investor interest. Globe Textiles (India) Ltd shares are witnessing heavy trading volumes and are expected to close the day and possibly the week in the green.

REF: https://nsearchives.nseindia.com/corporate/GLOBE_30102025130054_300925OTCOMEOFBMSIGNED.pdf

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