DOMS Industries shares were trading 1.58 per cent higher at ₹2,559 on the NSE as of 12:55 pm on Tuesday, following the release of better-than-expected second quarter results. The stock hit an intraday high of ₹2,582.50, with over 57,000 shares changing hands worth ₹14.57 crore.

JM Financial Institutional Securities maintained an ‘ADD’ rating on the stock with a revised target price of ₹2,875, noting that DOMS’ Q2FY26 earnings surpassed expectations on both revenue and profitability fronts. Analyst Mehul Desai highlighted that the stationery business remained stable with the core segment growing 17.4 per cent year-on-year, while subsidiary Uniclan’s sales jumped 3.3 times, despite GST transition headwinds.

The Umbergaon-based company reported a 24.1 per cent year-on-year revenue growth t

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