Stocks in Focus Today: Due to the negative global sentiment, the market remains volatile. However, in this ups and downs of the market today i.e. on February 15, some stocks may see strong action in trading. These stocks can show a jump today due to positive news or better quarterly results. If you are looking for a better stock in intraday or for very short term, then you can keep an eye on them. Here we have listed some such stocks, which include stocks like RIL, Coal India, Eicher Motors Natco Pharma Godrej Consumer Graphite India, Future Retail and Nagarjuna Fertilizers. If you are looking to earn money by investing in intraday, then you can keep an eye on these stocks.
Reliance Industries’ telecom arm Jio Platforms has announced an investment of $ 200 million in Glance. At the same time, Jio Platforms has entered the satellite based broadband service market of India. The company has announced a joint venture with SES. Both the companies have formed a joint venture named Geo Space Technologies Limited. In this venture, Jio will have 51 per cent stake and SES will have 49 per cent stake.
The December quarter has been a great one for Graphite India. The company’s profit has increased from 23 crores to Rs 132 crores in this quarter on an annual basis. At the same time, the company’s revenue increased by 76 percent to 880 crores from Rs 499 crores in the same quarter a year ago. Action can be seen in the shares of the company today. The stock has weakened in double digits in the last 1 month.
PSU sector company Coal India’s profit has increased 47.7 percent year-on-year to Rs 4,556.5 crore. Whereas in the same quarter a year ago it was Rs 3084.1 crore. At the same time, the company’s revenue from operations grew by 20 per cent to Rs 28,433.5 crore as against Rs 23,686 crore in the same quarter a year ago.
Eicher Motors’ profit in the December quarter declined by 14.4 per cent to Rs 456 crore from Rs 533 crore in the year-ago quarter. Profits were impacted by the shortage of semiconductor chips. However, the company’s revenue has increased by 1.9 percent to Rs 2881 crore. Royal Enfield’s sales volume has come down by more than 15 per cent on a year-on-year basis. In the last 1 month, there has been a weakness of almost double digits in the stock.
Pharma company Natco Pharma’s profit grew 28.2 per cent year-on-year to Rs 80.4 crore in the December quarter as against Rs 62.7 crore in the same quarter a year ago. At the same time, revenue increased by 57.8 per cent to Rs 560.5 crore from Rs 355.2 crore in the same quarter a year ago.