The Economic Times daily newspaper is available online now.

    Stocks in the news: Adani Wilmar, Airtel, JSW Energy, TVS Motors and Nalco

    Synopsis

    Airtel, Godrej CP, IRCTC:, Gujarat Gas, Jindal Steel, NMDC, Tata Teleservices, Indraprastha Gas, Bata, Escorts, Endurance Technologies and Suven Pharma are among the companies that will announce their December quarter results today.

    AGS Transact makes a flat listing on stock exchangesShutterstock.com
    Stocks in buzz: Jindal Stainless, Angel One, GSK Pharma, India Bank, Minda Industries, Borosil, Punjab & Sind Bank, Castrol and more
    Nifty futures on the Singapore Exchange traded 24.5 points, or 0.14 per cent higher at 17,238.50, signaling that Dalal Street was headed for a positive start on Tuesday. Here are a dozen stocks which may buzz the most in today's trade:

    Airtel, Godrej CP, IRCTC: Bharti Airtel, Godrej Consumer Products, Gujarat Gas, IRCTC, Jindal Steel and Power, NMDC, Tata Teleservices (Maharashtra), Indraprastha Gas, Bata India, Escorts, Endurance Technologies, Suven Pharmaceuticals, BSE, Redigton (India) and EID Parry are among the companies that will announce their December quarter results today.

    Adani Wilmar: The Adani Group's FMCG firm will be listed on the bourses on Tuesday, being the second player to make its Dalal Street debut on the bourses. The company raise Rs 3,600 crore via its IPO between January 27-31 by sellings its shares in the range of Rs 218-230 apiece.

    TVS Motor Company: The two wheeler maker said its consolidated net profit declined 18.34 per cent to Rs 236.56 crore for the third quarter ended December 2021 on account of lower two-wheeler sales. The company had reported a consolidated net profit of Rs 289.69 crore in the same period of previous fiscal.

    National Aluminium Company: The metal miner said its December quarter consolidated profit surged over three times to Rs 830.67 crore. The company had posted a profit of Rs 239.71 crore for the year-ago period.

    Jindal Stainless: The metal player said its December quarter consolidated profit rose nearly three times to Rs 441.78 crore. The company had clocked a profit of Rs 170.20 crore in the year-ago period.

    JSW Energy:
    The electric utilities player said that India Ratings has upgraded its long-term credit rating to IND AA (stable) from IND AA- (stable). "Long-term credit rating of JSW Energy Ltd has been upgraded to IND AA (stable) from IND AA- (stable) by India Ratings, the wholly-owned Indian subsidiary of Fitch Ratings," the company said.

    Angel One: The brokerage firm has added 5.4 lakh new customers in January, taking its total base to 83.4 lakh, an annual growth of 140.9 per cent on year. The company has added 5.4 lakh clients in the month which is a 16.4 per cent growth over December, it said.

    GlaxoSmithKline Pharmaceuticals: The pharma player reported a 3.93 per cent decline in consolidated net profit to Rs 150.35 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 156.51 crore in the corresponding quarter last fiscal.

    Indian Bank: The state owned lender reported 34 per cent jump in standalone profit after tax (PAT) at Rs 690 crore for December quarter 2021-22 helped by higher non-interest income. The state-owned lender had reported a PAT of Rs 514 crore for the year-ago period.

    Minda Industries: The flagship firm of UNO MINDA Group reported a 13 per cent fall in its profit after tax (PAT) to Rs 118 crore for the December 2021 quarter. The company had posted a PAT of Rs 137 crore in the corresponding quarter last year.

    Union Bank of India: The state-owned posted a 49 per cent jump in net profit to Rs 1,085 crore in the third quarter ended December 31. The bank had earned a net profit of Rs 727 crore in the corresponding quarter of the previous financial year.

    Borosil: The kitchenware maker reported 15.23 per cent rise in consolidated net profit at Rs 25.26 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 21.92 crore for October-December period a year ago.

    Punjab & Sind Bank: The state-owned lender reported a net profit of Rs 301 crore for the quarter ended December 2021 as the lender saw good growth in overall business mix and better cash recoveries following its turnaround strategy started a year back. The lender had posted a net loss of Rs 2,376 crore in the same quarter a year ago.

    Castrol India: The lubricant brand reported a net profit of Rs 189 crore in the fourth quarter ended December 31, almost unchanged from the year-ago period. Net profit in October-December 2020 was Rs 188 crore.

    JM Financial: The financial services player said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter. Its consolidated income grew a moderate 8.25 per cent to Rs 964.48 crore, the city-based company, which is into equity broking, investment banking and credit.

    Thyrocare Technologies: The API Group backed diagnostics chain said it has appointed Rahul Guha as the company's Managing Director and Chief Executive Officer with effect from May 16, 2022. A graduate of IIM-B, Guha has spent almost 17 years at Boston Consulting Group (BCG), where he has led the healthcare and life sciences practice.

    Gujarat Industries Power Company: The electrical power company reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues. The company had reported a standalone net profit of Rs 30.60 crore in the quarter ended on December 31, 2020.

    Future Supply Chain Solutions: The Future group's supply chain and logistics arm reported narrowing down of its net loss to Rs 4.29 crore for the third quarter ended December 2021. The company had posted a net loss of Rs 41.27 crore in the October-December quarter a year ago.

    Transformers & Rectifiers (India): The power, distribution, and specialty transformer manufacturing company posted about five-fold jump in consolidated net profit to Rs 5.6 crore for December quarter 2021-22 mainly due to higher income. The company had logged a net profit of Rs 1.14 crore in the year-ago period.

    Agarwal Industrial Corporation: India’s largest private bitumen player posted a 93.5 percent jump in the consolidated net profit at Rs 20.61 crore during the third quarter of 2021-22. The company's net profit in the year-ago period stood at Rs 10.65 crore.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in