Pine Labs stock nears breakout point following 4x profit surge
Shares of Pine Labs climbed almost 4 percent, moving closer to a rectangle breakout level not seen in months. For the first quarter of fiscal year 2027, the company reported a 20 percent year-on-year revenue increase to ₹737 crore, with net profit soaring four times to reach ₹20 crore. Additionally, institutional interest grew significantly during the June 2026 quarter, as evidenced by a notable rise in both FII and DII stakes.
by shortkt.com✓