Stocks To Watch: ITC, Swiggy, SBI, Britannia, IndiGo, LIC, Airtel, And Others

Last Updated: February 06, 2025, 07:57 IST

Stocks to see: Shares of companies like ITC, Swiggy, SBI, Britannia, IndiGo, LIC, Airtel, and others will certainly remain in concentrate on Thursday’s profession

Stocks to Watch on February 6, 2024: After a current rally, residential markets stopped on Wednesday, finishing a little reduced. Today, supplies of ITC, SBI, Airtel, Swiggy, Azad Engineering, and extra will certainly remain in emphasis as a result of numerous information updates and third-quarter outcomes.

SBI, ITC, Airtel, Britannia, Trent, Hero MotoCorp

Shares of SBI, ITC, Airtel, Britannia, Trent and Hero MotoCorp will certainly remain in emphasis as the firms will certainly reveal their quarterly outcomes today.

Swiggy

Swiggy reported a widening of losses in Q3, getting to Rs 800 crore through finishing December 2024. Its earnings from procedures stood at Rs 3,993 crore.

Adani Wilmar

Adani Wilmar is readied to rebrand and boost its concentrate on food and FMCG after the departure of the Adani Group from its joint endeavor by the end of FY25. CHIEF EXECUTIVE OFFICER & & MD Angshu Mallick specified that the business will certainly be relabelled AWL Agri Business adhering to an investor ballot.

Happiest Minds Technologies

Happiest Minds is experiencing boosted need for IT solutions, especially in bargain revivals, driven by positive outlook after the united state political elections. The business is confident of accomplishing near 30% earnings development in FY25.

IDBI Bank

IDBI Bank might increase rate of interest on non-callable down payments by 10 to 25 basis factors, if the suggested liquidity protection proportion (LCR) laws enter into impact on April 1, according to Business Standard.

InterGlobe Aviation (IndiGo)

GST authorities have actually penalized completing Rs 115.86 crore on IndiGo. The fine comes from concerns associated with solutions supplied to overseas receivers, which were ruled out as “export of solutions” for FY18 to FY20, as well as denied input tax credit.

Religare Enterprises

Religare Enterprises announced that its independent director, Hamid Ahmed, has resigned from the board. Ahmed, CEO of Hamdard Laboratories India’s Foods Division, stepped down on February 4.

LIC

Life Insurance Corporation of India (LIC) has received a demand notice of about Rs 105.42 crore for short payment of GST spanning seven financial years. The demand also includes interest and penalties for several states as of February 5.

P C Jeweller

P C Jeweller reported a consolidated net profit of Rs 147.96 crore for Q3 FY25, compared to a net loss of Rs 197.98 crore in the same period last year. Total income surged to Rs 683.44 crore from Rs 43.48 crore.

Welspun Corp

Welspun Corp posted a more than two-fold increase in net profit, rising to Rs 672.19 crore in Q3 FY25, driven by lower expenses. However, total income fell to Rs 3,656.57 crore, down from Rs 4,758.17 crore in Q3 FY24.

Kansai Nerolac Paints

Kansai Nerolac Paints reported a significant 341.4% jump in net profit to Rs 680.9 crore for Q3 FY25, boosted by a one-time profit from the sale of land in Lower Parel, Mumbai. Revenue rose by 0.2% to Rs 1,921.9 crore.

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