Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Bharti Airtel, Hero MotoCorp, Tata Motors Passenger Vehicles, Life Insurance Corporation of India, Indian Oil Corporation, FSN E-Commerce Ventures Nykaa, Bharti Hexacom, Aditya Birla Fashion and Retail, Alembic Pharmaceuticals, Berger Paints India, Black Buck, Godrej Properties, Hindustan Copper, Max Healthcare Institute, Mazagon Dock Shipbuilders, NCC, Power Finance Corporation, Hitachi Energy India, PVR Inox, Physicswallah, Rail Vikas Nigam, Suzlon Energy, Unichem Laboratories, Voltamp Transformers, and VA Tech Wabag will release their quarterly earnings today.
Tata Power Company Q3 (Consolidated YoY)
Profit increases 0.6% to Rs 1,194.3 crore Vs Rs 1,187.5 crore
Revenue falls 9.4% to Rs 13,948.4 crore Vs Rs 15,391 crore
NHPC Q3 (Consolidated YoY)
Profit declines 5.2% to Rs 219.1 crore Vs Rs 231.2 crore
Revenue slips 2.9% to Rs 2,220.7 crore Vs Rs 2,286.8 crore
Trent Q3 (Consolidated YoY)
Profit rises 2.7% to Rs 510.1 crore Vs Rs 496.5 crore
Revenue jumps 14.8% to Rs 5,345 crore Vs Rs 4,656.6 crore
Welspun Enterprises Q3 (Consolidated YoY)
Profit plunges 65.5% to Rs 26.7 crore Vs Rs 77.5 crore
Revenue declines 12.2% to Rs 787 crore Vs Rs 896.1 crore
Keystone Realtors Q3 (Consolidated YoY)
Profit sinks 77.6% to Rs 3.4 crore Vs Rs 15.1 crore
Revenue drops 42.6% to Rs 266.2 crore Vs Rs 464 crore
Global Health Q3 (Consolidated YoY)
Profit slips 33.5% to Rs 95 crore Vs Rs 142.9 crore
Revenue soars 18.8% to Rs 1,121 crore Vs Rs 943.4 crore
Exceptional loss stands at Rs 36.5 crore Vs Nil
Bajaj Holdings and Investment Q3 (Consolidated YoY)
Profit grows 15.3% to Rs 2,016.2 crore Vs Rs 1,748.4 crore
Revenue surges 127.6% to Rs 287.5 crore Vs Rs 126.3 crore
Cummins India Q3 (Consolidated YoY)
Profit drops 13% to Rs 486 crore Vs Rs 558.5 crore
Revenue declines 1.3% to Rs 3,054.9 crore Vs Rs 3,096.1 crore
Exceptional loss stands at Rs 126.54 crore Vs Nil
Timken India Q3 (Consolidated YoY)
Profit drops 30.2% to Rs 54.6 crore Vs Rs 78.2 crore
Revenue grows 14.1% to Rs 779.7 crore Vs Rs 683.4 crore
Other income falls to Rs 7.1 crore Vs Rs 14.4 crore
CCL Products Q3 (Consolidated YoY)
Profit zooms 59% to Rs 100.3 crore Vs Rs 63 crore
Revenue jumps 38.5% to Rs 1,050.6 crore Vs Rs 758.4 crore
Force Motors Q3 (Consolidated YoY)
Profit soars 252.1% to Rs 406.1 crore Vs Rs 115.3 crore
Revenue grows 12.7% to Rs 2,128.6 crore Vs Rs 1,889.5 crore
Exceptional gains stand at Rs 211.2 crore Vs Nil
Transport Corporation of India Q3 (Consolidated YoY)
Profit grows 13.7% to Rs 114.7 crore Vs Rs 100.9 crore
Revenue increases 8.9% to Rs 1,248.8 crore Vs Rs 1,147.1 crore
Lloyds Engineering Works Q3 (Consolidated YoY)
Profit surges 70.9% to Rs 61 crore Vs Rs 35.7 crore
Revenue rises 2.3% to Rs 272.5 crore Vs Rs 266.2 crore
Other income jumps to Rs 24.1 crore Vs Rs 9.8 crore
Apollo Tyres Q3 (Consolidated YoY)
Profit soars 39.5% to Rs 470.5 crore Vs Rs 337.2 crore
Revenue grows 11.8% to Rs 7,743.1 crore Vs Rs 6,928 crore
Gallantt Ispat Q3 (Consolidated YoY)
Profit falls 11.7% to Rs 100.4 crore Vs Rs 113.7 crore
Revenue declines 4% to Rs 1,073.6 crore Vs Rs 1,118.3 crore
Redington India Q3 (Consolidated YoY)
Profit rises 2.6% to Rs 413.4 crore Vs Rs 403 crore
Revenue increases 15.7% to Rs 30,921.7 crore Vs Rs 26,716.1 crore
Jubilant Ingrevia Q3 (Consolidated YoY)
Profit tanks 32.4% to Rs 46.9 crore Vs Rs 69.4 crore
Revenue slips 0.5% to Rs 1,051 crore Vs Rs 1,056.8 crore
Exceptional loss stands at Rs 13.04 crore Vs Nil
Sammaan Capital Q3 (Consolidated YoY)
Profit increases 3.8% to Rs 314.1 crore Vs Rs 302.4 crore
Revenue grows 7% to Rs 2,157.7 crore Vs Rs 2,016.5 crore
Kalpataru Projects International Q3 (Consolidated YoY)
Profit soars 7.2% to Rs 152.2 crore Vs Rs 142 crore
Revenue jumps 16.3% to Rs 6,665.4 crore Vs Rs 5,732.5 crore
Exceptional loss stands at Rs 29.5 crore Vs Nil
Metropolis Healthcare Q3 (Consolidated YoY)
Profit spikes 32% to Rs 41.4 crore Vs Rs 31.4 crore
Revenue surges 25.8% to Rs 405.9 crore Vs Rs 322.8 crore
Board approves issuance of bonus equity shares in ratio of 3:1
Stocks to Watch
The company has entered into definitive agreements to make a strategic investment in Cosmix Wellness, which owns the brand Cosmix—one of India’s leading digital-first functional wellness brands. As part of the strategic investment, Marico will acquire 60 percent of Cosmix Wellness’ paid-up share capital from its founders for Rs 225.67 crore.
Power Grid Corporation of India
Power Grid said that the Ministry of Corporate Affairs has sanctioned the amalgamation of 17 subsidiaries into two subsidiaries.
The board will meet on February 7 to consider the raising of funds through the issuance of equity shares, warrants, or convertible securities by way of a preferential issue to the promoters.
Bulk Deals
Societe Generale, the French bank, has bought 5.02 lakh shares, equivalent to a 0.68 percent stake in Gokaldas Exports, at Rs 807.18 per share for a total consideration of Rs 40.5 crore.
Block Deals
Aditya Birla Capital, Federal Bank, Indian Bank, NALCO
BNP Paribas Financial Markets has acquired 20.91 lakh shares (a 0.07 percent stake) in Aditya Birla Capital at Rs 344 per share for Rs 71.93 crore from Societe Generale. Meanwhile, Societe Generale sold 31 lakh shares (a 0.12 percent stake) in Federal Bank at Rs 287 per share for Rs 88.97 crore to BNP Paribas Financial Markets.
BNP Paribas Financial Markets also bought 6.18 lakh shares (a 0.02 percent stake) in Indian Bank at Rs 873 per share for Rs 53.95 crore, and 11.2 lakh shares (a 0.06 percent stake) in National Aluminium Company (NALCO) at Rs 374 per share for Rs 41.88 crore from Societe Generale.
Stocks Trade Ex-Dividend
Sun Pharmaceutical Industries
Cholamandalam Investment and Finance Company
Gail (India)
Dr Lal PathLabs
MOIL
Procter & Gamble Hygiene and Health Care
Styrenix Performance Materials
Wheels India
Stock Trades Ex-Date for Rights
PVV Infra
Stock Trades Ex-Date for Income Distribution
Nexus Select Trust
Stock in F&O ban
Sammaan Capital
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