Amidst the selling pressure in the markets around the world, GIFT Nifty is indicating that even today trading may start with a decline in the domestic markets. In the last trading day, Sensex fell 241.30 points (0.31%) to close at 77,378.91 and Nifty fell 95.00 points (0.40%) to close at 23,431.50.
Today, there is a possibility of movement in these stocks due to quarterly results and corporate action of some companies. Also, updates related to listing of two stocks and F&O ban will also be important for investors.
Quarterly results coming today
Today several big companies will release their December quarter results, including:
- HCL Technologies
- Anand Rathi Wealth
- angel one
- Delta Corp
- DEN Networks
- Himadri Specialty Chemical
- Lotus Chocolate Company
- Marathon NextGen Realty
- energy global
- Sarthak Industries
- Sri Jayalakshmi Autospin
Information about recently released quarterly results
1. Avenue Supermarts (DMart)
- Profit: up 4.8% to ₹723.7 crore
- Revenue: 17.7% jump to ₹15,972.5 crore
- EBITDA: up 8.7% to ₹1,217.2 crore
- Margin: 0.70% down to 7.6%
- New CEO: Anshul Asawa will be appointed CEO with effect from March 15, 2025.
2. Just Dial
- Profit: 42.7% increase to ₹131.3 crore
- Revenue: up 8.4% to ₹1,287.3 crore
- EBITDA: up 43.4% to ₹86.6 crore
- Margin: 7.40% increase to 30.1%
3. PCBL
- Profit: 37.07% decline to ₹93.1 crore
- Revenue: 21.3% jump to ₹2,010 crore
- EBITDA: up 13.7% to ₹317.3 crore
- Dividend: Declared interim dividend of ₹5.50 per share.
4. Equinox India Developments
- Profit: ₹22.2 crore (last year there was a loss of ₹38.65 crore)
- Revenue: 177% increase to ₹278.5 crore
Keep an eye on today’s top stocks
1. Oberoi Realty
- Developer appointed for development on 10,300 square meter land in Bandra Reclamation.
- Expected to get free-sale component of 3.2 lakh sq ft after redevelopment.
2. JSW Energy
- Acquisition of 125 MW renewable energy assets completed for ₹630 crore.
3. Waaree Energies
- Bought 100% stake of Enel Green Power India for Rs 792 crore.
4. Signature Global
- Bought 16.12 acres of land in Gurugram; 27.3 lakh square feet development potential.
5. Sudarshan Pharma Industries
- Preferential issue approved to raise funds up to ₹188.34 crore.
6. ICICI Lombard General Insurance
- Received tax relief of ₹174.61 crore from Mumbai Income Tax Department.
7. Adani Wilmar
- Promoter Adani Commodities announced offer for sale to reduce 15.01% stake with a floor price of Rs 275 per share.
8. Ola Electric Mobility
- New information was sought from the CCPA to investigate consumer complaints.
9.HEG
- Non-Binding MoU for Graphene Products with Ceylon Graphene Technologies.
10. NLC India
- Joint Venture with Assam Power Distribution Company for Solar Power Project in Assam.
Listing and ex-date
- Listing: Standard Glass Lining Technology (BSE & NSE) and Indobell Insulations (BSE SME).
- Ex-Date: For share split of Shardul Securities.
Stocks under F&O Ban
You will not be able to take new positions in the following stocks today:
- Bandhan Bank
- Hindustan Copper
- L&T Finance
- Manappuram Finance
- RBL Bank