Last Updated:
Stocks to watch: Shares of firms like Swiggy, Titan, Info Edge, RVNL, Torrent Power, Hero MotoCorp, and others will be in focus on Wednesday’s trade
Stocks To Watch On February 5
Stocks To Watch On February 05, 2025: The market continued its recovery on Tuesday, climbing nearly 1.5% on positive cues. Today, shares of Swiggy, Titan, Tata Power, Hero MotoCorp, Bandhan Bank, and others will be in focus due to key developments.
Swiggy, Reliance Power, Info Edge
Shares of Swiggy, Reliance Power, and Info Edge will attract attention as these companies are set to announce their quarterly results today.
Tata Power
Tata Power reported a 10.3% rise in net profit, reaching Rs 1,187 crore, compared to Rs 1,076 crore last year. Revenue grew by 5% to Rs 15,391 crore, although it fell short of analysts’ expectations of Rs 17,254 crore. EBITDA surged 39% YoY to Rs 3,352 crore, with margins improving by 500 basis points to 21.8%.
Birla Corp
Birla Corporation posted a 72% decline in net profit, dropping to Rs 31 crore from Rs 109 crore a year ago. The company’s revenue stood at Rs 2,272 crore, down 2.4% YoY, while EBITDA fell 33.4% to Rs 263 crore.
RVNL
Rail Vikas Nigam Limited (RVNL) has received a letter of acceptance from East Coast Railway for the Koraput-Singapur road doubling project. The project includes the construction of 27 major bridges, five road over bridges (ROBs), and earthworks for track formation between Tikiri and Bhalumaska stations.
Titan
Jewelry and watchmaker Titan reported a 5% decline in net profit, falling to Rs 990 crore from Rs 1,040 crore last year. The company highlighted that the drop was due to customs duty reductions on gold, which led to inventory losses.
Aadhar Housing Finance
Aadhar Housing Finance announced the issuance of 4.8 lakh equity shares with a face value of Rs 10 each to eligible employees as part of its stock option plan.
Torrent Power
Torrent Power reported a 30.8% increase in net profit, reaching Rs 489.3 crore, compared to Rs 374.1 crore last year. Revenue grew 2.1% to Rs 6,499.4 crore, while EBITDA rose 6.5% to Rs 1,111.6 crore.
Alkem Labs
Alkem Laboratories launched Kojiglo Serum, a first-of-its-kind liposomal serum in India, targeting facial hyperpigmentation. Powered by Duo-Lipo technology, the serum ensures enhanced skin absorption while minimizing sensitivity and irritation.
Whirlpool
Whirlpool saw a 57% YoY rise in net profit, reaching Rs 44 crore. Revenue from operations also increased by 11%, totaling Rs 1,705 crore.
Bandhan Bank
Bandhan Bank has decided to focus more on improving asset quality monitoring, strengthening credit administration, driving innovation, and enhancing its digital offerings.
Hero MotoCorp
Hero MotoCorp has received a GST demand of Rs 456 crore from Rajasthan authorities, accompanied by a penalty imposed by the Additional Commissioner, Central Goods and Services Tax, Alwar, Rajasthan.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
