HORIZONIND Stock Falls 3.17% Despite 90% Revenue Growth
By Market Desk
HORIZON INDUSTRIAL PRKS L shares declined 3.17% to ₹58.10 on Aug 24, 2026. Despite a 90% revenue surge to ₹767.84 crore, operating loss and net profit saw a decline.
HORIZON INDUSTRIAL PRKS L (NSE: HORIZONIND) shares closed down 3.17% at ₹58.10 on August 24, 2026. This daily decline followed the stock opening at ₹60.25, compared to its previous close of ₹60.00.
Daily Market Action
- Closing Price: ₹58.10
- Daily Change: 3.17% decrease
- Opening Price: ₹60.25
- Previous Close: ₹60.00
Despite the daily stock performance, HORIZONIND reported significant revenue growth for the fiscal year 2026. The company’s revenue increased by 90.00%, reaching ₹767.84 crore from ₹404.12 crore in FY25.
Fiscal Year 2026 Financials
- FY26 Revenue: ₹767.84 crore (+90.00% from FY25)
- FY26 Operating Loss: ₹197.29 crore
- Net Profit Trend: 57.17% decline year-over-year
An analysis of the company’s shareholding pattern reveals a dominant promoter stake alongside notable institutional and retail investor participation. Promoters hold the largest share of the company.
Shareholding Structure
- Promoters: 75.40%
- Foreign Institutional Investors (FII): 5.92%
- Other Domestic Institutional Investors (DII): 9.59%
- Retail and Other Investors: 6.98%
- Mutual Funds: 2.11%
HORIZON INDUSTRIAL PRKS L is categorized under ‘Miscellaneous’ and ‘S Cap’ within the market. This classification provides context for investors reviewing its performance and market position.