Stocks to Watch on February 5: Tata Power, Titan, Torrent Power, RVNL and more


Tata Power, top stocks, stocks to watch, today stock to watch,

Image count1 / 14

Tata Power | The company’s revenue for the quarter increased by 5% from last year to ₹15,391 crore. An average poll of analysts tracking the stock had pegged the figure at ₹17,254 crore. Net profit for the quarter increased by 10.3% to ₹1,187 crore from ₹1,076 crore last year. Tata Power’s earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 39% year-on-year to ₹3,352 crore, while margins expanded by over 500 basis points to 21.8% from 16.5% last year.

Titan, top stocks, stocks to watch, today stock to watch,

Image count2 / 14

Titan | Tata group firm recorded a 5% year-on-year decline in net profit at ₹990 crore, mainly due to the impact of customs duty reduction on gold, compared to ₹1,040 crore in the same period a year ago. The figure was also lower than CNBC-TV18’s poll estimate of ₹1,134 crore. Titan said the custom-duty-related losses on the inventory (held at the time of the duty change) have been fully realised in this quarter and hence the profitability is lower to that extent.

Torrent Power, top stocks, stocks to watch, today stock to watch,

Image count3 / 14

Torrent Power | The company reported a 30.8% year-on-year (YoY) jump in net profit at ₹489.3 crore for the third quarter that ended December 31, 2024 over ₹374.1 crore in Q3 FY24. Revenue from operations increased 2.1% to ₹6,499.4 crore against ₹6,366 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA was up 6.5% to ₹1,111.6 crore in the third quarter of this fiscal over ₹1,044 crore in the year-ago period.

RVNL, top stocks, stocks to watch, today stock to watch,

Image count4 / 14

RVNL | State-owned company said it has received a letter of acceptance from East Coast Railway for the Koraput-Singapur road doubling project. The project involves the execution of 27 major bridges, including 22 major bridges and five road over bridges (ROBs), along with earthworks for the formation of approaches, protection works, and other miscellaneous tasks between Tikiri and Bhalumaska stations.

Birla Corp, top stocks, stocks to watch, today stock to watch,

Image count5 / 14

Birla Corp | The company reported a 72% decline in net profit for the December quarter as lower cement prices in Maharashtra and central India weighed on earnings. However, the company saw sequential improvements in EBITDA and sales volume, signalling a potential recovery in the coming quarters. Revenue for the quarter stood at ₹2,272 crore, a decline of 2.4% from the previous year. EBITDA fell 33.4% to ₹263 crore, while net profit dropped to ₹31 crore from ₹109 crore a year earlier.

JB Pharma, top stocks, stocks to watch, today stock to watch,

Image count6 / 14

JB Pharma | The company reported a 21.6% year-on-year (YoY) surge in net profit at ₹162.5 crore for the third quarter that ended December 31, 2024, compared to ₹133.6 crore in Q3 FY24. The company’s revenue from operations increased 14.1% to ₹963.5 crore against ₹844.5 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA was up 14.1% to ₹254.5 crore in the third quarter of this fiscal over ₹223.1 crore year-on-year.

JK Tyre, top stocks, stocks to watch, today stock to watch,

Image count7 / 14

JK Tyre | Tyre manufacturer reported a 76.7% year-on-year (YoY) slide in net profit at ₹51.5 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company posted a net profit of ₹220.9 crore. Revenue from operations dipped 0.4% to ₹3,673.7 crore against ₹3,687.7 crore year-on-year.

Dhanlaxmi Bank, top stocks, stocks to watch, today stock to watch,

Image count8 / 14

Dhanlaxmi Bank | Thrissur-based private lender reported a 563.33% year-on-year (YoY) spike in net profit at ₹19.9 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Dhanlaxmi Bank posted a net profit of ₹3 crore. Net interest income (NII) increased 12.5%, coming at ₹128.3 crore against ₹114 crore in the corresponding quarter of FY24. The gross non-performing asset (GNPA) stood at 3.53% in the December quarter against 3.82% in the September quarter.

Metropolis Health, top stocks, stocks to watch, today stock to watch,

Image count9 / 14

Metropolis Health | Diagnostic chain reported a 15.4% year-on-year (YoY) increase in net profit at ₹31.4 crore for the third quarter that ended December 31, 2024, compared to ₹27.2 crore in Q3 FY24. Revenue from operations grew 11% to ₹322.8 crore against ₹291 crore in the corresponding period of the preceding fiscal. The company’s EBITDA increased 11.2% to ₹72 crore in the third quarter of this fiscal over ₹64.8 crore in the year-ago period. The EBITDA margin was flat at 22.3% in the reporting quarter.

Alkem Labs, top stocks, stocks to watch, today stock to watch,

Image count10 / 14

Alkem Labs | Drug firm said it has introduced Kojiglo serum in India, targeting facial hyperpigmentation. The company is the first in India to launch a liposomal serum with Duo-Lipo technology, designed to enhance skin absorption and efficacy. This advanced serum encapsulates the active ingredients in a liposomal form to enhance penetration in the skin and deliver targeted action. This formulation ensures effective results while reducing the risk of skin sensitivity and irritation.

BASF, top stocks, stocks to watch, today stock to watch,

Image count11 / 14

BASF | Chemical solutions company reported a 26% year-on-year (YoY) decline in net profit at ₹103.6 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, BASF India posted a net profit of ₹140 crore, the company said in a regulatory filing. The company’s revenue from operations increased 13% to ₹3,758.7 crore as against ₹3,326.3 crore in the corresponding period of the preceding fiscal.

Zomato, top stocks, stocks to watch, today stock to watch,

Image count12 / 14

Zomato | In relief for the food-tech major, the company updated stock exchanges that it has received a favorable ruling from the Commissioner (Appeals), Gurugram, Haryana, which set aside a ₹5.91 crore goods and services tax (GST) demand raised by the Additional Commissioner of CGST, Gurugram. The demand, covering July 2017 to March 2021, included a penalty and interest.

Max Financial, top stocks, stocks to watch, today stock to watch,

Image count13 / 14

Max Financial | The company reported a 62.3% year-on-year (YoY) decline in net profit at ₹56 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Max Financial Services posted a net profit of ₹148.6 crore, the company said in a regulatory filing.

Triveni Engineering, top stocks, stocks to watch, today stock to watch,

Image count14 / 14

Triveni Engineering | Sugar company reported a 69% year-on-year (YoY) decline in net profit at ₹42.6 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Triveni Engineering & Industries posted a net profit of ₹137.4 crore, the company said in a regulatory filing. The company’s revenue from operations increased 3% to ₹1,600.3 crore as against ₹1,553.6 crore in the corresponding period of the preceding fiscal.



Source link

administrator

Leave a Reply

Your email address will not be published. Required fields are marked *