Stocks to watch today: Domestic stock markets can open with positive start on Wednesday (February 5). At 7:40 am, the Gift Nifty Future was trading at 23,840 by climbing 52 points.
The major benchmark index BSE Sensex and Nifty climbed around 2% on Tuesday. This is the biggest one -day rally of both benchmarks in the last one month. The Sensex climbed 1397.07 points or 1.81% to close at 78,583.81. The Nifty closes at 23,739.25 with a brilliant strength of 378.20 points or 1.62%.
Q3 Results Today
Reliance Power, Zidas Lifesains, Abbott India, Cummins India, Gujarat Gas, Welspun Corp, Info Age (India), Swiggy, Matrimony.com, HG Infra Engineering, Aarti Formalabes, Evaredi Industries India, Pikadili Agro Industries, Excim Tele-Science Sagality India, Inventurus Knowledge Solutions, Zinka Logistics Solutions will announce their third quarter results on Wednesday.
Tata power: Tata Power’s Net Profit increased to Rs 1,030 crore in the December quarter. It was Rs 953 crore in the same quarter of a year ago. The company’s revenue also increased to Rs 15,400 crore. It was Rs 14,651 crore in the same quarter of the previous financial year.
Lemon Tree Hotels: The company’s consolidated net profit increased to Rs 62.5 crore. It was Rs 35.4 crore in the same period of a year ago and Rs 29.6 crore in the last quarter. The company’s revenue also increased from Rs 289 crore to Rs 360 crore annually. Ebita increased from Rs 142 crore to Rs 184 crore, while Ebita margin increased from 48.80 per cent to 51.86 per cent.
Titan: The net profit of the Titan company remained almost stable during the third quarter of the current financial year due to customs cuts. Its operating revenue in this quarter increased by 25.2 percent to Rs 17,740 crore as compared to the previous year, while the net profit was Rs 1,047 crore. On a quarterly basis, its net profit increased by 48.7 percent while the revenue increased by 22.1 percent.
Birla corp: Birla Corporation, the leading company of MP Birla Group, declined by 71.4 per cent in the net profit of the integrated net profit during the October to December quarter (third quarter of FY 25) and declined to Rs 31.19 crore. The net profit was Rs 109.14 crore during the same period of a year ago.
NLC India: The company has secured its third commercial coal mine – New Patrapara South in Angul. The total geological reserve of the mine is 720.87 million tonnes.
Rvnl: RVN received the acceptance letter for a project of Rs 404 crore.
Prism Johnson: Prism Johnson approved the sale of a portion of the industrial complex of his tile plant to JSW Steel, priced at Rs 165 crore.
Sun pharma: Sun Pharma Fitrogen has completed the patient’s enrollment for the third stage testing of fibrosac in soft tissue Sarcoma.
Global Health: The company had a profit of Rs 143 crore in the December quarter, compared to Rs 123 crore last year. The revenue increased from Rs 836 crore to Rs 943 crore. Ebita increased from Rs 216 crore to Rs 238 crore, while Ebita margin was 25.21 per cent, which is slightly less than 25.82 per cent.