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Stock to Watch: Shares of firms like IRCTC, RVNL, TVS Motor, BPCL, IRCTC, Gopal Snacks, HAL, and others will focus on Wednesday’s trade
Stock to see on 12 February
Stock to see on 12 February: Domestic markets continued their below trend, shed around 1.3% as a corrective phase. Shares of companies like HAL, Ashok Leyland, Vodafone Idea, IRCTC and TVS Motor will be in the spotlight today due to various news development and third quarter results.
Hal, Siemens, PFC, RVNL, Ashok Leyland
HAL, Siemens, PFC, RVNL, and Ashok Leyland shares will be in mind as they announce the results of their third quarter today.
Tvs motor
TVS Motor has signed a memorandum (MoU) with the Government of Karnataka to invest Rs 2,000 crore in the next five years in the state.
BPCL
BPCL is progressing with its discovery and production projects abroad including Brazil and Mozambique. Vatsa Ram Krishna Gupta, director of the company’s finance, shared this update during the ongoing India Energy Week Conference. The BPCL is also ready to sign a five -year liquidized natural gas (LNG) supply agreement with the ABU Dhabi National Oil Company (ADNOC) starting from FY26.
L&T
SN Subrahmanai, Chairman and Managing Director of Larsen & Toubro (L&T) highlighted a serious labor shortage in the construction sector of India, blaming it for the reluctance of workers to transfer it to other cities. He indicated this challenge at the CII South Global Linkage Summit in Chennai, given that India faces the opposite issue that many parts of the world experience heavy migration.
Vodafone idea
Vodafone Idea posted a small-to-first net deficit of Rs 6,609.3 crore for the October-December quarter, which was assisted by low finance costs and a tariff hike in July. Its net loss in the last quarter was Rs 7,175.9 crore. The company’s revenue for the quarter was Rs 11,117.3 crore, 1.7% sequential growth, but below Bloomberg’s estimate of Rs 11,363 crore.
Adani Group
In a significant development for the Adani Group, US President Donald Trump issued an executive order, directed to the Department of Justice to stop the enforcement of a five -decade -old law, which used Gautam Adani to investigate in a bribery case Was done to.
Devyani International
Devyani International experienced a slight increase in demand in metro cities during the October-December quarter, as reported by non-executive chairman Ravi Jaipuria. The company posted a net deficit of Rs 7.6 crore in Q3 FY25, mainly due to a deferred liability of Rs 16.2 crore. In the same quarter of last year, it stated a profit of Rs 5 crore. The total expenditure increased by 54% to Rs 670 crore, while Ebitda reduced from Rs 146.3 crore to Rs 219.2 crore, slightly below the expectations of analysts Rs 220 crore.
Jupiter Wagon
Jupiter Wagons announced that it had received a letter (LOA) from the Adani Cement Group, Ambuja Cements Limited and ACC Limited, for the construction and supply of BCFCM Reck and BVCM wagons. The value of the order is around 600 crores.
Happy forging
Happy Forgings have obtained a global contract to supply heavy forged and accurate-deception for industrial and mining areas, weighing 1,000 kg. The order includes an annual committed volume of Rs 95 crore, which has an annual revenue capacity of Rs 160 crore.
HAL
Indian Air Force head Marshall AP Singh expressed his continuous confidence in Hindustan Aeronautics Limited (HAL), despite delay in delivery and delay in upgrading to light combat aircraft to Tejas.
IRCTC
Indian Railway Catering and Tourism Corporation (IRCTC) reported an increase of 13.7% in its consolidated net profit, which had reached Rs 341 crore for Q3 FY25 from Rs 300 crore during the same period last year. Revenue increased by 10%from operations for the quarter, which reached Rs 1,224.7 crore as compared to Rs 1,115.5 crore in the year-old period.
Gopal snacks
Gopal Snacks saw a decline of 70% in its standalone net profit, which increased to Rs 5.3 crore in Q3 FY25 due to high expenses. The company reported a net profit of Rs 17.8 crore during the same period last year. Revenue increased by 7%due to operation, which reached Rs 393.5 crore during the reported quarter, above Rs 367.5 crore a year ago.
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