Stocks to watch today: The US Federal Reserve’s interest rate decisions, mixed signs from global markets and quarterly results of companies can affect the major index Sensex and Nifty 50 of the Indian stock market on Thursday.
Meanwhile, the US Federal Reserve has decided to keep the interest rates stable in its meeting on Wednesday. Preventing the cuts in interest rates, Fed decided that steps would be taken keeping in mind the economic and political circumstances.
Major benchmark Sensex and Nifty closed rapidly on Wednesday. The BSE Sensex rose by 631 points or 0.83 percent to close at 76,532.96, while the Nifty increased to 205 points or 0.90 percent to close at 23,163.10.
Q3 Results Today: Larsen & Toubro, Adani Enterprises, Adani Ports and Special Economic Zone, Bajaj Finserv, Shri Cement, GAIL (India), Bank of Baroda, PB Fintech, Housing Financers, Astral, India Electronics, Biocon, Care Rating, Coromandel International, Dabur India , Indegeine, Jindal Steel and Power, Kalyan Jewelers India, Dr. Lal Pathlabs, Naveen Florine International, Phoenix Mills, Presties Estates Projects, Voltamp Transformers and Wari Energy will announce their third quarter results today.
Bajaj finance: Non-banking financial company Bajaj Finance increased integrated net profit from 18 percent to Rs 4,308 crore in the third quarter of the current financial year. The company had a net profit of Rs 3,639 crore in the same quarter of last year. Bajaj Finance said in the information to the stock market that the total income increased to Rs 18,058 crore in the October December quarter of FY 2024-25, which was Rs 14,166 crore in the same quarter of the previous financial year.
Infosys: The IT veteran has partnered with Siemens AG to accelerate digital learning using generative AI.
Voltas: Voltas has a net profit of Rs 132 crore in the December quarter. The company had a loss of Rs 30.4 crore in the same quarter of the last financial year. The company’s revenue increased to Rs 3,090 crore. It was Rs 2,626 crore in the same period of a year ago.
Jindal stainless: Jindal Stainless’s profit has declined by 5.4 per cent in the third quarter of the current financial year 2025 due to the challenges in the export market. The company’s net profit in the October-December quarter of the last financial year was Rs 692.33 crore, which has been reduced to Rs 654.84 crore in the same quarter of this financial year. The company’s operational revenue on a joint basis has increased by 8.5 percent compared to the same period of a year ago.
Union bank of india: Indian Bank on Wednesday released its financial results for the third quarter of the current financial year 2025. During the period under review, the consolidated net profit of this bank of Chennai rose by Rs 32 per cent to Rs 2,909.73 crore against Rs 2,205.63 crore in the third quarter of FY 2024. The company’s profits have been strengthened mainly by increasing asset quality and improving efficiency.
5paisa capital: The company said that the Income Tax Department started searching in its premises, but business operations continue normally.
Adani power: Adaani Power’s net profit increased by 12 per cent in the October-December quarter (third quarter) of the current financial year. The company’s net profits have been strengthened by improving performance and increasing other income. The company’s board on Wednesday decided to increase the amount raised from NCD from Rs 5,000 crore to Rs 11,000 crore. The board has also approved the plan to raise money through sales of shares up to Rs 5,000 crore. This amount will not be limited to private placements, eligible institutional placements, preferential issues and other methods will be tried as per the requirement.
Ambuja Cements: Ambuja Cements, who invests Adani Group, has registered a net profit of 156 percent during the period of October-December 2024. This has occurred due to better management of cost, sales growth and lump sum benefit from tax return. The company had a net profit of Rs 2,115 crore in the quarter under review. It helped by an increase of 14.8 percent in operational revenue compared to last year, which increased to Rs 9,329 crore.
Jk paper: The company’s profits decreased to Rs 65.4 crore in the December quarter. It was Rs 235 crore in the same quarter of a year ago and Rs 129 crore in the September quarter. The company’s revenue also declined slightly to Rs 1,732 crore. It was Rs 1,780 crore in the same quarter of the last financial year.