Stocks in Focus Today: Today i.e. on 8 February 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 these (Stocks in Focus). In today’s list Tata Consumer Products, LIC, Power Grid Corporation, Lupine, SJVN, PFC, Zomato, ONGC, NTPC, Apollo Tyres, Trent, Mankind Pharma, Sobha, Grasim Industries, Biocon, Aarti Industries, Aster DM Healthcare, Balrampur Shares like Chini Mills, BEML, Escorts Kubota, Patanjali Foods, RVNL, Thermax, Torrent Power, Zydus Wellness are included.
Today’s LIC, PFC, Zomato results
Today i.e. on 8th February, December quarter results of LIC, PFC, Zomato will be released. Apart from these, results of Grasim Industries, Biocon, Aarti Industries, Apollo Hospitals, Aster DM Healthcare, Balrampur Chini Mills, BEML, Escorts Kubota, Patanjali Foods, Rail Vikas Nigam, Thermax, Torrent Power and Zydus Wellness will also come today.
Tata Consumer Products
The profit of Tata Consumer Products Limited has declined by 17.26 percent to Rs 301.51 crore in the December quarter of the current financial year. Profit has declined due to less contribution from subsidiaries and joint venture companies. TCPL’s profit in the same quarter of the last financial year was Rs 364.43 crore. The company’s operating income increased by 9.47 percent to Rs 3,803.92 crore, which was Rs 3,474.55 crore in the same quarter of the last financial year.
Power Grid Corporation
The profit of public sector Power Grid Corporation for the third quarter of the current financial year has increased by 10.5 percent to Rs 4,028 crore. Due to increase in income the company’s profit has also increased. The company’s profit in the same quarter of the last financial year was Rs 3,645.29 crore. Total income increased to Rs 11819.70 crore in the December quarter, which was Rs 11,530.22 crore in the same quarter of the last financial year.
Lupine
The profit of the pharma company has increased 4 times to Rs 613.1 crore in the December quarter, which was Rs 153.5 crore in the same period a year ago. Profits improved due to 23.7 percent growth in the US business and growth in all segments in India. Revenue from operations increased by 20.2 percent to Rs 5197.4 crore.
SJVN
Public sector SJVN Limited has received a letter of intent (LOI) from Gujarat Urja Vikas Nigam Limited to set up a 200 megawatt (MW) solar power project. The company’s Chairman and Managing Director (CMD) Geeta Kapoor said in the statement that the estimated cost of construction and development of this project is Rs 1100 crore.