Glottis stock surges 20% on strong volumes, logs biggest one-day jump in more than a month

Glottis shares rose 20% on May 20, reaching 72.30, marking a six-month high. Despite no major triggers, trading volume spiked to 66 million shares. The company will announce its March quarter results on May 25, after reporting a decline in revenue and profit for Q3FY26.

A Ksheerasagar
Published20 May 2026, 03:01 PM IST
The company made its stock market debut on October 7, 2025, listing at a steep 35% discount at  <span class='webrupee'>₹</span>84 apiece against its IPO price of  <span class='webrupee'>₹</span>129.
The company made its stock market debut on October 7, 2025, listing at a steep 35% discount at ₹84 apiece against its IPO price of ₹129.(Pixabay)

Glottis shares surged 20% in Wednesday’s trade, May 20, hitting a six-month high of 72.30 apiece. The rally also marked the stock’s biggest single-day gain since ealry April.

Although there were no major fundamental triggers behind the sharp rise in Glottis’s share price, trading volumes witnessed a significant spike, with nearly 66 million shares changing hands on the NSE and BSE as of 3:00 PM. This was nearly 35 times higher than the stock’s average weekly trading volume, according to Trendlyne data.

The rally also came ahead of the company’s March quarter results, which are scheduled to be announced on Monday, May 25.

“The meeting of the Board of Directors of the Company is scheduled to be held on Monday, May 25, 2026, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026,” the company said in its regulatory filing on Tuesday.

The company also informed that the trading window for all designated persons and their immediate relatives will remain closed until 48 hours after the conclusion of the board meeting.

For the quarter ended December 2025, the company reported a sharp decline in both revenue and profit. Net profit fell sharply to 2.70 crore in Q3FY26 from 13.47 crore in the corresponding period last year. Revenue from operations stood at 144 crore, lower than the 198 crore reported in Q3FY25.

Glottis specialises in logistics solutions, offering a range of transportation services across ocean, air, and road logistics. It provides end-to-end logistics solutions with multimodal capabilities across various industries, enhancing the efficiency of goods movement across different regions.

Also Read | Small-cap penny stock Parle Industries hits 5% upper circuit. Here's why
Also Read | Multibagger small-cap stock hits 5% upper circuit after Q4 results

Glottis share price trend

The company made its stock market debut on October 7, 2025, listing at a steep 35% discount at 84 apiece against its IPO price of 129. The weakness persisted in the following months, dragging the stock below the 40 mark by the end of March.

However, after a prolonged decline, sentiment around the stock improved in April, when it surged 55% and snapped its five-month losing streak. The momentum extended into May as well, with the stock gaining another 21.3% so far this month.

Despite the recent rebound, the stock still trades around 44% below its IPO price.

Also Read | Glottis, BMW Ventures among 5 IPOs with worst listing-day show in 2025
Also Read | Vegorama Punjabi Angithi IPO Day 1: Issue booked 76% so far

Disclaimer: We advise investors to check with certified experts before making any investment decisions.

About the Author

Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. <br><br> He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. <br><br> During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. <br><br> He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. <br><br> His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.

Get Latest real-time updates

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

HomeMarketsStock MarketsGlottis stock surges 20% on strong volumes, logs biggest one-day jump in more than a month
More