Last Updated: February 14, 2024, 08:37 IST
Stocks to Watch on Feb 14
Stocks to watch: Shares of companies like Adani Green, ZEE, Eicher Motors, Jana SFB, BHEL, Oil India, and others might be in deal with Wednesday’s commerce.
Stocks To Watch On February 14: Equity markets recovered from Monday’s losses as easing retail inflation boosted investor sentiment. In at this time’s commerce, shares of Adani Green, M&M, Muthoot Finance, ZEE amongst others might be in focus due to company earnings and varied different developments. Here’s a full checklist of shares to monitor.
Results Today: Shares of M&M, Muthoot Finance, and Sun TV might be in focus as the businesses will announce their third quarter outcomes.
New listings: Capital SFB, Rashi Peripherals and Jana SFB to debut at this time.
Adani Group: Moody’s Investors Service on Tuesday revised the outlook on 4 Adani Group corporations to ‘stable’, a 12 months after revising it to ‘negative’ following the US-primarily based Hindenburg Research report. The international rankings company modified the outlook on Adani Green, Adani Electricity Mumbai, Adani Transmission, and Adani Energy Solutions.
Hindalco: Q3FY24 consolidated internet revenue surged 71.1 per cent to Rs 2,331 crore on a 12 months-on-12 months (YoY) foundation. Revenue in the identical interval remained flat at Rs 52,808 crore.
Eicher Motors: Q3 internet revenue rose 34.4 per cent YoY to Rs 996 crore, beating analysts’ estimates of Rs 989 crore. Revenue grew 12.3 per cent to Rs 4,179 crore.
BHEL: Posted a consolidated internet lack of Rs 148.77 crore for the third quarter ended December 2023, impacted by increased bills. Total revenue, nonetheless, was up marginally at Rs 5,599.63 crore from Rs 5,353.94 crore a 12 months in the past.
Oil India: Q3 internet revenue slipped 9.3 per cent to Rs 1,584 crore, hit by decrease costs for crude oil and a windfall tax levied by the federal government.
ZEE: Leading media firm ZEE on Tuesday reported 141% development in its consolidated internet revenue at Rs 58.5 crore for the quarter ended December.
Wipro: Wipro to purchase 60% stake in Aggne Global for $66 million, in accordance to an ET Now report.
IRCTC: IRCTC reported a internet revenue of Rs 300 crore within the December quarter. Revenue from operations stood at Rs 1,118 crore.
