Recently, some companies have released or are going to release their results. Some of the companies whose results are better or are expected to be better, due to the positive sentiment, some of them are expected to remain in stock today.
Stocks in News Today: There is ups and downs in the stock market. The market is seeing pressure for 3 consecutive days. However, there are some stocks during this period, which are getting support due to corporate earnings. Recently, some companies have released or are going to release their results. In such a situation, the companies whose results are better or are expected to be better, due to the positive sentiment, the stock of some of them is expected to remain volatile today. If you are looking for a better stock in intraday, then you can keep an eye on these action stocks. Among the stocks that will remain in focus in today’s business, Adani Wilmar, TVS Motor Company, Bharti Airtel, NALCO, Jindal Stainless, Castrol India, MM Forgings are prominent. You can keep an eye on them for good earning.
Adani Wilmar
Today i.e. on February 8, Adani Wilmar will be listed in the stock market. The company has fixed the issue price for the IPO at Rs 230. Adani Wilmar is one of the leading companies in the branded edible oil and food segment. The company’s presence is already strong in the FMCG sector.
TVS Motor Company
Auto company TVS Motor has achieved a profit of Rs 288.3 crore in the December quarter. Whereas in the same quarter a year ago, the company had a profit of 265.6 crores. The company’s revenue has increased from Rs 5,391.4 to Rs 5,706.4 crore.
Bharti Airtel
Today the telecom giant Airtel is going to present its results. The profit and overall performance of the company is expected to be good. The company can be seen getting the benefit of the tariff hike. The company is also going to hold a meeting to raise funds.
NALCO
The December quarter has been a better one for NALCO. During this period, the company’s profit has increased by more than 3.5 times. The company has made a profit of Rs 830.6 crore. Whereas in the same quarter a year ago, the company had a profit of 239.7 crores. The company’s revenue has increased from 2378.7 crores to 3773.2 crores.
Jindal Stainless
The company’s profit has more than doubled in the December quarter. During this, the company made a profit of 371.8 crores, which was Rs 151.6 crores in the same quarter a year ago. The company’s revenue has also increased from Rs 3451.9 crore to Rs 5368.4 crore on an annual basis.
Castrol India
The company’s profit has increased in the December quarter. The company made a profit of 758.1 crore in Q3FY22, as compared to a profit of 582.9 crore in the same quarter a year ago. The company’s revenue increased to 4192.1 crores. The company’s revenue in the same quarter of the last financial year was 2996.9 crores.
MM Forgings
December quarter has also been better for MM Forgings. Profits have almost doubled. The company posted a profit of Rs 29.4 crore in the December quarter as against Rs 15.6 crore in the year-ago quarter. The company’s revenue has increased from 223 crores to 293.1 crores.
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