Stocks to watch today: The start of Nifty50 and Sensex in Thursday’s market is expected to be strong due to global positive signals. At 6:33 am, Gift Nifty Futures were traded at 23,804 with a gain of 31 points, indicating positive opening for the Indian market.
In Wednesday’s trading, Sensex declined by 312.53 points, or 0.40% and closed at 78,271.28. At the same time, Nifty50 fell 42.95 points i.e. 0.18% to close at 23,696.30.
Q3 Results Today: State Bank of India, ITC, Bharti Airtel, Trent, Britannia Industries, BSE, Aurobindo Pharma, Hero MotoCorp, UNO Minda, Apollo Tires, Cochin Shipyard, MECURARD Pharmaceuticals, Chambal Fertilizers & Chemicals, KPI Green Energy and Reliance Communications today (6 February) Will announce the results of his December quarter.
Swiggy: Food delivery platform Swiggi said that his consolidated net deficit has increased to Rs 799 crore during the third quarter of FY 2024-25. It recorded a net loss of Rs 574.4 crore in the period of a year ago. The company’s integrated revenue from operations increased by 31 percent to Rs 3,993 crore on an annual basis, while the third quarter of FY 24 was Rs 3,049 crore. Swigy’s consolidated total income also increased by 30.8 percent to Rs 4,095.8 crore during the third quarter of FY 25, compared to Rs 3,130.9 crore in the third quarter of FY 24.
Welspun: Pipe manufacturer Welspon Corp Limited’s integrated net profit in the third quarter of the current financial year increased to Rs 672.19 crore. The company gave this information to the stock markets. The October-December quarter of the last financial year had a net profit of Rs 293.70 crore. However, the company’s total income declined to Rs 3,656.57 crore in the quarter under review, which was Rs 4,758.17 crore in the same quarter of the previous financial year. The total expenditure of Welspun Corp reduced to Rs 3,351.36 crore, which was Rs 4,438.79 crore in the same quarter of the previous year.
Pc jeweler: The country’s legendary jewelery company PC Jeweler Limited has an integrated net profit of Rs 147.96 crore in the third quarter of the current financial year. The company had a net loss of Rs 197.98 crore in the same quarter of the last financial year. The PC jeweler said that his total income increased manifold to Rs 683.44 crore in the third quarter of the current financial year, which was Rs 43.48 crore in the same quarter of the previous finance. PC Jeweler said that there was a strong demand for jewelery during the December quarter due to festive and wedding season.
Reliance Power: Anil Ambani -led Reliance Group company Reliance Power has a net profit of Rs 41.95 crore in the third quarter of the current financial year. The company had a loss of Rs 1,136.75 crore in the same quarter of the last financial year. The total income of the company increased to Rs 2,159.44 crore during the quarter, which was Rs 1,998.79 crore in the same period a year ago.
United Spirits: The company has decided to stop its Hyderabad factory operations. This closing is part of the approved supply chain agility program in January 2023. The estimated closing date for the operation of the factory in this unit is fixed on 31 July 2025.