Here’s a quick look at stocks likely to be in focus on Friday's trade, covering quarterly earnings, order wins, and acquisitions announced by companies after market hours on Thursday.
Kalyan Jewellers
The company reported a 24 percent year-on-year (YoY) increase in net profit to Rs 177 crore in Q1 FY25. Its revenue went up 26.5 percent YoY to Rs 5,535 crore.
ITC
The company's standalone net profit increased marginally to Rs 4,917 crore in Q1 FY25. Revenue from operations rose 7 percent YoY to Rs 18,220 crore in Q1 FY25.
Tata Motors
The company reported a 74 percent YoY jump in its Q1 FY25 consolidated net profit to Rs 5,566 crore. Its revenue from operations rose 5.7 percent YoY to Rs 1,07,316 crore.
Aditya Birla Capital
The company reported a 17 percent YoY increase in net profit to Rs 758 crore in Q1 FY25. The company's sales increased 25.37 percent YoY to Rs 8,832 crore.
Adani Enterprises
The company's net profit jumped to Rs 1,455 crore, growing more than two-fold in Q1 FY25. Revenue from operations rose 12.5 percent YoY to Rs 25,472 crore.
Godrej Agrovet
The Board has approved an initial investment of up to Rs 110 crore to set up a new feed plant in Maharashtra. The project is proposed to be funded through a mix of internal accruals and debt.
Maruti Suzuki
In July 2024, Maruti Suzuki India Limited reported sales of 175,041 units. Total sales for the month included domestic sales of 140,354 units, sales to other OEMs of 10,702 units, and exports of 23,985 units.
Adani Enterprises
Adani Enterprises has announced that it will demerge its Food FMCG business, including all associated activities, assets, liabilities, and strategic investments in Adani Commodities, to Adani Wilmar.
KP Green Energy
The company has received new orders from multiple clients, both domestic and international, totaling Rs 53.23 crore.
IIFL Securities
SEBI issued a Rs 3,00,000 penalty on July 30, 2024, for incorrectly listing 18 clients as being from Sikkim in the MCX database, potentially misusing stamp duty exemptions. The company received the order on August 1, 2024, and is consulting lawyers. The financial impact is being assessed.
Zomato
Zomato's net profit jumped 126.5 times to Rs 253 crore in the April-June quarter, compared to the same period a year ago. Its revenue rose 74 percent YoY to Rs 4,206 crore.
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