India, Oct. 29 -- This Defence Stock, engaged in the manufacturing of steel products, precision tubes, pipes, forged components, and engineering structures, serving the infrastructure, automotive, construction, defence, and industrial sectors, fell 8.76 percent after the company reported weak September quarterly results with a 24.62 percent QoQ decrease in net profit.

With a market capitalization of Rs. 5,229.58 crores, the share of Goodluck India Limited has reached an intraday low of Rs. 503 per equity share, down nearly 8.76 percent from its previous day's closing price of Rs. 551.30. Since then, the stock has retreated and is currently trading at Rs. 524.45 per equity share.

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