India, Feb. 11 -- Shares of one of the leading manufacturers of specialised process equipment for the chemical and pharmaceutical industries in India tumbled more than 10 percent on Wednesday, after reporting muted Q3 FY26 results with a decline in net profit by 67 percent QoQ and 55 percent YoY.

With a market cap of Rs. 2,495 crores, shares of HLE Glascoat Limited were trading in the red at Rs. 359.25 on BSE, down by around 9 percent, compared to its previous closing price of Rs. 394. The stock has delivered positive returns of over 24 percent in the last one year, but has fallen by nearly 18 percent in one month.

Financial Performance Q3 FY26 HLE Glascoat Limited announced the financial results for the third quarter of FY26 on Tuesday...