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Stocks to watch: Shares of firms like BHEL, Glenmark Pharma, ABFRL, Wipro, HFCL, SAIL, and others will be in focus on Monday’s trade
Stock Market Updates: Top Stocks to Watch, Key Gainers & Losers
Stocks to Watch on February 17: Equity markets faced volatility on Friday, slipping nearly 0.5% due to mixed signals. Shares of HFCL, BHEL, Glenmark Pharma, ABFRL, Wipro, and others will attract attention today due to various news updates.
Results for February 17:
ABB India and Mahesh Developers are set to release their quarterly results.
Easy Trip Planners: The travel services company reported a 26% decline in net profit for Q3 FY24, with earnings dropping to Rs 33.6 crore from Rs 45.6 crore a year ago.
Glenmark Pharma: The drugmaker posted a consolidated net profit of Rs 348 crore for the quarter ending December 31, recovering from a loss of Rs 351 crore a year ago.
Aditya Birla Fashion: The company reported a net loss of Rs 42 crore for Q3 FY25, an improvement compared to a loss of Rs 108 crore in the same period last year.
Samvardhana Motherson International: The auto components company saw its net profit rise by 62%, reaching Rs 878.63 crore in Q3, compared to Rs 541.96 crore a year earlier.
Dr Agarwal’s Health Care: The company reported a consolidated profit after tax (PAT) of Rs 28.24 crore for Q3, up from Rs 22.59 crore in the same quarter last year.
Dilip Buildcon: The company’s profit attributable to owners increased 7.4% YoY to Rs 115.3 crore in Q3, though its revenue declined 9.98% YoY to Rs 2,589.7 crore.
HFCL: The company aims to become a Rs 10,000-crore revenue enterprise, according to recent reports.
Godrej Properties: The company acquired 12 land parcels between April and December to develop housing projects worth Rs 23,450 crore.
Bank of Maharashtra: The Reserve Bank of India (RBI) has approved the bank’s plan to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City.
Hero MotoCorp: The company anticipates double-digit revenue growth in the next fiscal year, as per recent reports.
Aurobindo Pharma: Starting in April, the company will begin supplying to Europe from its newly operational China facility. The Hyderabad-based drugmaker ramped up production at the facility, which opened in November 2024.
Steel Authority of India (SAIL): The company plans to invest $800 million in establishing a new rail mill.
Mahindra Lifespaces: The company aims to raise up to Rs 1,500 crore through a share issue to eligible shareholders, to reduce debt and support future growth.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
