Amidst the ups and downs in the stock market, some stocks may see strong action today. Corporate earnings are going on in the midst of market volatility. Some companies are getting better results and some are weak.
Trending Stocks Today: Amidst the ups and downs in the stock market, some stocks may see strong action today. Corporate earnings are going on in the midst of market volatility. Some companies are getting better results and some are weak. Sentiment has become positive regarding the shares of companies with strong results. Even today, on the basis of strong results, strong action can be seen in such stocks. If you are looking for a better stock in intraday, then you can keep an eye on those stocks. Such stocks in today’s list include Petronet LNG, ACC, SAIL, Mahindra & Mahindra, Zomato, Tata Power Company, Power Grid Corporation, Nykaa, Engineers India, Aurobindo Pharma, Hero MotoCorp, IRFC, MRF, MTAR Tech, Reliance Power, SJVN , Tata Chemicals, Trent among others.
Petronet LNG
The December quarter has been a strong one for Petronet LNG. During this period, the company’s profit has increased from Rs 823 crore to Rs 1143.5 crore on a quarterly basis. Whereas the company’s revenue has increased from Rs 10,813 crore to Rs 12,597.2 crore on a quarterly basis.
ACC
Cement company ACC’s profit declined in December quarter. During this, the company made a profit of 280.9 crores, which was Rs 472.4 crores in the same quarter a year ago. However, the company’s revenue has increased from Rs 4144.7 crore to Rs 4225.8 crore on an annual basis.
SAIL
Quarterly results for SAIL The quarterly results have been better on a year-on-year basis. The company’s Conso profit grew by 4.1 per cent to Rs 1528.54 crore as against Rs 1468.20 crore in the same quarter a year ago. The profit of the company increased due to higher income. On the other hand, Kanso income has increased from Rs 19,997.31 crore to Rs 25,398.37 crore.
Mahindra & Mahindra, Zomato
Today Mahindra & Mahindra and Zomato are going to present their quarterly results. The market will keep an eye on the results of Mahindra & Mahindra, a powerful company in the auto sector. At the same time, the recently listed stock Zomato can also remain in focus.
Tata Power Company
December quarter has been better for Tata Power Company. The company’s profit has increased from Rs 318 crores to Rs 551.8 crores on a year-on-year basis. While the revenue also increased from Rs 7597.9 crore to Rs 10,913.4 crore.
Power Grid Corporation
Largecap company Power Grid has made a profit of 3292.9 crores in the December quarter. Whereas in the same quarter a year ago, the company’s profit was Rs 3367.7 crore. While the revenue has increased from 10142.4 crores to 10446.8 crores.
nykaa
Recently, there has been a decline in the profits of Nykaa, a company listed in the market. The company’s profit on an annual basis has come down from Rs 68.9 crore to Rs 27.9 crore. While the revenue has come down from Rs 807.9 crore to Rs 1098.3 crore.
Engineers India
The profit of Engineers India has come down from 88 crores to 40.6 crores on an annual basis. At the same time, the revenue has also come down from Rs 845.4 crore to Rs 692.1 crore.
Aurobindo Pharma
There has been a huge decline in the profit of the pharma company. The company’s profit in the December quarter declined from Rs 2947.9 crore to Rs 604.2 crore year-on-year. While the company’s revenue also declined to Rs 6002.2 crore during this period from Rs 6364.9 crore in the same quarter a year ago.
Results of these companies will come today
Today on February 10, some big and small companies are going to release their quarterly results. These include Hero MotoCorp, Mahindra & Mahindra, Hindalco, Zomato, ABB India, Aegis Logistics, Amara Raja Batteries, Alembic Pharma, BEML, Bharat Forge, Gujarat Pipavav Port, IRFC, MRF, MTAR Tech, Page Industries, Reliance Power, SJVN, Tata Chemicals, Trent, Whirlpool of India and Zee Media Corporation are the major ones.
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