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Stock to Watch: Shares of firms like Hindalco, SJVN, Honasa Consumer, ICICI Bank, Bharat Forge, and others will focus on Thursday trade
Stock to see on 13 February
Stock to see on 13 February: The Indian markets remained unstable after a decline of five consecutive days, eventually eliminating the flat amid mixed global signals. Today, shares of Hindalco, SJVN, Honasa Consumer, ICICI Bank, Tata Power and others will be in mind due to various news development and third quarter results.
Hindalco, SJVN
The shares of Hindalco and SJVN will be closely seen as companies are ready to announce their third quarter earnings later today.
Godrej industries
The company reported an increase of 77% in consolidated net profit, which had reached Rs 188 crore as compared to Rs 106 crore a year ago.
IIFL Finance
In Q3, the net profit of the company fell to Rs 40.7 crore to Rs 40.7 crore, a year ago to Rs 490.44 crore to 92% year-to-year (YOY).
Bharat forge
Auto component Major recorded a decline of 16.38% in consolidated net profit, which was Rs 212.78 crore in the third quarter, compared to Rs 254.45 crore last year.
Crampton Greaves
The company of home appliances saw an increase of 28% in consolidated net profit, which had reached Rs 109.84 crore in Q3 a year ago to Rs 109.84 crore. Last year, the revenue increased by 4.5% to Rs 1,770 crore from operation as compared to Rs 1,692.69 crore.
Muthoot Finance
Non-Banking Financial Company (NBFC) reported an increase of 22% in net profit, which reached Rs 1,392 crore in the quarter under a review as compared to Rs 1,145 crore a year ago.
Psyche consumer
The company posted a slight increase in its consolidated net profit in Q3, compared to Rs 25.9 crore a year ago.
Natco Pharma
The company reported a reduction of 37% in consolidated net profit, which was Rs 133 crore for Q3Fy25 as compared to Rs 213 crore last year.
Land power
The company posted a consolidated loss of Rs 18.5 crore for Q3, compared to the profit of Rs 37 lakh in the same period last year.
Vodafone idea
According to the report, the Department of Telecommunications (DOT) has demanded a bank guarantee of Rs 6,090 crore from debt-affected Vodafone Idea Limited (VIL).
ONGC/NTPC Green
Oil and Natural Gas Corporation (ONGC) and NTPC Green have won 100% stake in Ayana Renewable Power Private Limited in Bangalore, Rs 19,500 crore.
Adani Group Stocks
The Adani Group has allegedly received a private credit loan of approximately $ 330 million ($ 207 million) for its coal port unit in Northern Queensland, Australia.
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