Stocks in Focus Today: Today i.e. on January 30, 2024, some stocks (stocks in news) are ready to show action. Due to positive trigger, these shares may remain in focus in the market today (Stocks to Watch). If you are looking for better stocks in intraday then you can keep an eye on them (Stocks in Focus). Today’s list includes ITC, Adani Energy, Marico, Bajaj Finance, L&T, ADANI TOTAL GAS, GAIL, KEC International, PNB, NTPC, Piramal Enterprises, BPCL, Vodafone Idea, CSB Bank, RIL, BAJAJ FINSERV, COCHIN SHIPYARD, COROMANDEL. Shares like INTERNATIONAL, DR.REDDY’S LAB, KEC INTERNATIONAL, L&T, PIRAMAL PHARMA, SRF, VOLTAS are included.
Results today including L&T, Adani Total Gas
ADANI TOTAL GAS, APAR INDUSTRIES, ARVIND, BAJAJ FINSERV, BLUE STAR, COCHIN SHIPYARD, COROMANDEL INTERNATIONAL, DR.REDDY’S LAB, JBM AUTO, KEC INTERNATIONAL, LARSEN & TOUBRO, PIRAMAL PHARMA, SRF, VOLTAS
ITC
The profit of ITC Limited has increased by 6.51 percent to Rs 5,400.51 crore in the third quarter of the current financial year. The company’s profit in the same quarter of the last financial year was Rs 5070.09 crore. Its gross income from product sales increased by 2.3 percent to Rs 19,337.84 crore. It was Rs 18,901.76 crore in the same quarter of the last financial year. ITC’s operating income has increased by 2.43 percent to Rs 19,484.50 crore.
Adani Energy
Adani Energy Solutions (AESL)’s profit declined by 27 percent to Rs 348.25 crore in the third quarter of the current financial year. The company’s profit in the same quarter a year ago was Rs 478.07 crore. The company had earned one-time regulatory income of Rs 240 crore at that time. Net profit for the December quarter included other income of Rs 136 crore due to repurchase of bonds worth $120 million.
Marico
FMCG company Marico’s profit has increased by 15.9 percent to Rs 386 crore in the December quarter. Reduction in production cost and favorable portfolio mix helped the company in increasing profits. The company had earned a profit of Rs 333 crore in the same quarter a year ago. However, the operating income of the company declined by 1.94 percent to Rs 2422 crore.
Bajaj Finance
Bajaj Finance’s profit in the third quarter of the current financial year has increased by 22 percent to Rs 3639 crore. The company’s profit in the same quarter of the last financial year was Rs 2973 crore. Bajaj Finance’s total income increased from Rs 10,789 crore to Rs 14,166 crore. The company’s AMC increased by 35 percent to Rs 3,10,968 crore.
GAIL
The profit of gas company GAIL India Limited jumped 10 times to Rs 2842.62 crore in the December quarter of the current financial year. The company’s profit has increased due to the good performance of all businesses from gas transportation to petrochemicals. In the same quarter a year ago, the company had made a profit of Rs 245.73 crore. However, the company’s operating income remained almost stable at Rs 34,253.52 crore in the December quarter.
KEC International
The RPG Group company said that it has received orders worth Rs 1,304 crore in several businesses.