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Stocks to Watch Today: ITC, Titan Company, Adani Power, Welspun India

03 Feb , 2022   By : Kanchan Joshi


Stocks to Watch Today: ITC, Titan Company, Adani Power, Welspun India

Here is the list of the top 10 stocks that are likely to be in focus on Thursday:


Tata Consumer Products: Tata Consumer Products Ltd (TCPL) on Wednesday reported a 22.19 per cent jump in its consolidated net profit to Rs290.07 crore for the third quarter ended December 31, 2021, helped by volume-driven growth in the domestic market. The company had posted a net profit of Rs237.38 crore in the corresponding quarter last year, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing.


Mahindra Finance: Mahindra and Mahindra Financial Services (Mahindra Finance) on Wednesday reported a consolidated net profit of Rs992 crore for the December 2021 quarter. The company, catering to rural and semi-urban customers for buying new and pre-owned auto and utility vehicles, saw a growth of 28 cent in loan disbursals, improved collection efficiency as well as fall in gross bad loans proportion, which helped the December quarter numbers.


Indian Overseas Bank:  State-owned Indian Overseas Bank (IOB) on Wednesday reported a 113 per cent jump in its standalone profit after tax (PAT) to Rs454 crore in the quarter ended December 2021, helped by lower provisions and higher cash recovery. Its standalone PAT stood at Rs213 crore in the corresponding quarter last year.


Zee Entertainment:  Zee Entertainment Enterprise Ltd on Wednesday reported a consolidated net profit of Rs298.98 crore for the third quarter ended December 2021. The company had reported a net profit of Rs398.01 crore in the October-December period a year ago, Zee Entertainment Enterprise Ltd (ZEEL) said in a BSE filing.


Dabur India: Homegrown FMCG major Dabur India Ltd on Wednesday reported a 2.19 per cent increase in consolidated net profit to Rs504.35 crore for the quarter ended in December 2021. The company had posted a consolidated net profit of Rs493.50 crore in the October-December quarter a year ago, Dabur India said in a BSE filing.


Adani Total Gas: The firm reported a consolidated net profit of Rs128 crore in Q3FY22 against a profit of Rs146 crore in Q3FY21.


Apollo Tyres: Apollo Tyres on Wednesday said its consolidated net profit declined 49.54 per cent to Rs224 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs444 crore in the corresponding period last year.


JK Lakshmi Cement: The company reported a net profit after tax of Rs59.24 crore in Q3FY22 against Rs102 crore in the corresponding period a year ago.


Blue Dart Express: Logistics major Blue Dart Express on Friday reported a 29.5 per cent jump in consolidated profit after tax (PAT) to rs123.40 crore for the December 2021 quarter. The company had posted a consolidated PAT of Rs95.30 crore in the corresponding quarter last year, it said in a  statement.


Dhanuka Agritech: Agro-chemicals firm Dhanuka Agritech Ltd on Wednesday reported a six per cent increase in its consolidated net profit to Rs42.51 crore for the quarter ended December. Its net profit had stood at Rs40.04 crore in the year-ago period.


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