17 Feb , 2025 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
ABB India
Quarterly Earnings
Glenmark Pharma Q3 (Consolidated YoY)
Profit stands at Rs 347.96 crore Vs loss of Rs 470.14 crore
Revenue grows 35.1% to Rs 3,387.6 crore Vs Rs 2,506.7 crore
After inspection, USFDA issued Form 483 with 5 observations for the company's facility at Indore, Madhya Pradesh
Narayana Hrudayalaya Q3 (Consolidated YoY)
Profit rises 2.6% to Rs 192.9 crore Vs Rs 188 crore
Revenue jumps 13.5% to Rs 1,366.7 crore Vs Rs 1,203.6 crore
Dilip Buildcon Q3 (Consolidated YoY)
Profit increases 7.3% to Rs 115.3 crore Vs Rs 107.4 crore
Revenue falls 10% to Rs 2,589.7 crore Vs Rs 2,876.8 crore
NRB Bearings Q3 (Consolidated YoY)
Profit sinks 87.1% to Rs 21.3 crore Vs Rs 165.6 crore
Revenue grows 7.8% to Rs 278.5 crore Vs Rs 258.4 crore
Exceptional loss at Rs 4.27 crore Vs exceptional gains at Rs 182.3 crore.
Utkarsh Small Finance Bank Q3 (YoY)
Loss stands at Rs 168 crore Vs profit of Rs 116 crore
Net interest income down 0.5% at Rs 480.1 crore Vs Rs 482.3 crore
Provisions and contingencies jump 4-fold to Rs 423.2 crore Vs Rs 104.1 crore
Provisions and contingencies double to Rs 423.2 crore Vs Rs 208.3 crore (QoQ)
Gross NPA spikes to 6.17% Vs 3.88% (QoQ)
Net NPA zooms to 2.5% Vs 0.89% (QoQ)
Rail Vikas Nigam Q3 (Consolidated YoY)
Profit declines 13.1% to Rs 311.6 crore Vs Rs 358.6 crore
Revenue drops 2.6% to Rs 4,567.4 crore Vs Rs 4,689.3 crore
Borosil Renewables Q3 (Consolidated YoY)
Loss widens to Rs 30 crore Vs loss of Rs 15.9 crore
Revenue rises 9.4% to Rs 361.5 crore Vs Rs 330.4 crore
Other income zooms to Rs 15.06 crore Vs Rs 3.5 crore
Aditya Birla Fashion & Retail Q3 (Consolidated YoY)
Loss narrows to Rs 51.3 crore Vs loss of Rs 77.9 crore
Revenue increases 3.3% to Rs 4,304.7 crore Vs Rs 4,166.7 crore
La Opala RG Q3 (YoY)
Profit falls 47.5% to Rs 23.2 crore Vs Rs 44.2 crore
Revenue drops 14.8% to Rs 91.3 crore Vs Rs 107.1 crore
Mahanagar Telephone Nigam Q3 (Consolidated YoY)
Loss narrows to Rs 836 crore Vs loss of Rs 839 crore
Revenue falls 11.5% to Rs 170.1 crore Vs Rs 192.2 crore
Dish TV India Q3 (Consolidated YoY)
Loss widens to Rs 46.5 crore Vs loss of Rs 2.8 crore
Revenue drops 20.7% to Rs 373 crore Vs Rs 470.3 crore
Gujarat Narmada Valley Fertilizers and Chemicals Q3 (Consolidated YoY)
Profit soars 68% to Rs 163 crore Vs Rs 97 crore
Revenue drops 9.1% to Rs 1,899 crore Vs Rs 2,088 crore
Easy Trip Planners Q3 (Consolidated YoY)
Profit sinks 26.3% to Rs 33.6 crore Vs Rs 45.7 crore
Revenue falls 6.4% to Rs 150.6 crore Vs Rs 160.8 crore
Zen Technologies Q3 (Consolidated YoY)
Profit zooms 29.9% to Rs 39.7 crore Vs Rs 30.6 crore
Revenue grows 52.9% to Rs 152.2 crore Vs Rs 99.5 crore
Zen acquires Applied Research International, and ARI Labs for Rs 130 crore
Stocks To Watch
Wipro
The technology services and consulting company has appointed Amit Kumar as Managing Partner and Global Head of Wipro Consulting, effective immediately. Amit will report to CEO and MD Srini Pallia and join the Wipro Executive Board.
Bharat Heavy Electricals (BHEL)
BHEL has received a Letter of Intent (LOI) from Singareni Collieries Company (SCCL) for the EPC package for the Singareni Thermal Power Project, Stage II (1x800 MW) at Mancherial, Telangana.
Alembic Pharmaceuticals
The company has received an Establishment Inspection Report (EIR) with a classification of Voluntary Action Indicated from the US FDA for its solid oral formulation facility (F-4) at Jarod. The US FDA had inspected the facility from November 14-22, 2024.
Ujjivan Small Finance Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 6.7 lakh on Ujjivan Small Finance Bank for non-compliance with certain directions related to loans and advances, including statutory and other restrictions. The bank failed to issue loan agreements to certain borrowers at the time of sanction/disbursement of loans.
Shriram Finance
The Reserve Bank of India has imposed a monetary penalty of Rs 5.8 lakh on Shriram Finance for non-compliance with certain provisions related to know your customer (KYC), NBFC - systemically important non-deposit taking companies and deposit-taking companies, and data format for furnishing credit information to credit information companies.
Zydus Lifesciences
The US FDA conducted a surveillance inspection at the group’s API manufacturing site at Ambernath in Maharashtra. The inspection occurred from February 10-14, 2025, and concluded with no observations.
Bulk Deals
Concord Enviro Systems
PGIM India Equity Growth Opportunities Fund Series I sold 1.6 lakh shares in Concord Enviro at an average price of Rs 529.9 per share.
Mainboard Listing on February 17
Ajax Engineering
SME Listing on February 17
Chandan Healthcare
Stocks Trade Ex-Dividend
Oil India, Mrs Bectors Food Specialities, Campus Activewear, Dalmia Bharat Sugar and Industries, Artemis Electricals and Projects, Garuda Construction and Engineering, IIFL Capital Services, IRCON International, Premco Global
Stock Trades Ex-Date for Split
Capital India Finance
F&O Ban
Deepak Nitrite
Stock out of F&O Ban
Manappuram Finance
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