Stocks in Focus Today: Today i.e. on 15th December 2024, some stocks (stocks in news) are ready to show action. Due to positive trigger, these shares may remain in focus (stocks to watch) in the market today. If you are looking for better stocks in intraday then you can keep an eye on these (stocks-in-focus). Today’s list includes HCL Tech, Jio Financial Services, Wipro, Tata Consumer Products, Adani Enterprises, BHEL, NTPC, Tata Motors, ONGC, LIC, Century Plyboards, Anant Raj, Dilip Buildcon, Alkem Laboratories, Angel One, Fedbank Financial Services. , Nelco, PCBL, Reliance Industrial Infrastructure are included. Some of them have taken some steps to expand their business and some have received a big order. Some have released their quarterly or growth figures and some have made changes at the management level.
Jio Financial Services
Today the December quarter results of Jio Financial Services will come. Apart from this, the results of Angel One, Fedbank Financial Services, Kesoram Industries, Nelco, PCBL, Reliance Industrial Infrastructure, Suraj Estate Developers and Jai Balaji Industries will also be released today.
IT company HCL Tech’s profit increased by 6.2 percent to Rs 4,350 crore in the December quarter. This is the highest profit ever on a quarterly basis. The company had earned a net profit of Rs 4,096 crore in the same period a year ago. HCL Tech’s revenue increased by 6.5 percent to Rs 28,446 crore, from Rs 26,700 crore in the December 2022 quarter. The company has estimated the revenue growth to be in the range of 5 to 5.5 percent in the financial year 2024.
IT company Wipro’s profit in the third quarter of the current financial year (October-December, 2023) declined by 11.74 percent to Rs 2,694.2 crore. The company’s profit in the same quarter a year ago was Rs 3,052.9 crore. Wipro’s income declined by 4.4 percent to Rs 22,205.1 crore, which was Rs 23,229 crore in the same quarter of the last financial year.
Tata Consumer Products
The company has agreed to buy Organic India, backed by Capital Foods and Fab India, in two separate deals. As part of expanding its high margin business portfolio, the company is investing around Rs 7,000 in these deals. The company board meeting is on January 19 to raise money through equity and debt issues.
Group unit Adani New Industries has received permission from Solar Energy Corp under the Strategic Interventions for Green Hydrogen Transition Scheme to set up electrolysers with an annual production capacity of 198.5 MW.
Public sector company NLC India has awarded the contract to BHEL to set up a 2,400 MW thermal power project in Jharsuguda district of Odisha. The Pit Head New Thermal Power Project with a total capacity of 2,400 MW consists of three units of 800 MW each and the project is based on ‘Ultra Super Critical’ technology.
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of state-run power generation company NTPC, has signed two pilot agreements for the development of green hydrogen projects in Gujarat. NGEL signed Memorandum of Understanding (MoU) with Gujarat State Petroleum Corporation Limited (GSPC) and Gujarat Pipavav Port Limited (GPPL) during the Vibrant Gujarat Summit (VGGS).
Tata Motors has started production at its new factory in Sanand, Gujarat. Tata Passenger Electric Mobility Limited, a unit of Tata Motors, had acquired this plant from Ford India in January last year for Rs 725.7 crore.