Stocks to watch: US President Donald has currently banned the decision to impose tariffs, causing recovery in the market around the world. Gift Nifty is also indicating good recovery in the domestic market. A trading day earlier BSE Sensex (BSE SENSEX) lost 319.22 points, or 0.41%, 77186.74 and Nifty 50 (NIFTY 50) also closed at 23361.05 with a slippery of 0.52 %% i.e. 121.10 points. Now today, when we talk about individual stocks, some companies have come to business results, due to which they can show a stir. Apart from this, some can show a sharp movement due to corporate action. They are being told about them here.
Stocks to watch: Keep an eye on these shares
JK Tires has received an order from GST Authority to return input tax credit worth ₹ 8.06 crore on machinery lease rent. A fine has to be paid along with interest of ₹ 81 lakh on this. Apart from this, JK Tire and Industries has appointed Arun Kumar Jaura as Chief Technology Officer since 3 February 2025.
The board of Doms has approved a corporate guarantee for its subsidiary Micro Wood Private Limited and Uniclan Healthcare Private Limited. However, the decision on this is yet to be decided by shareholders.
Madhavan Menon, Executive Chairman of Thomas Cook, has retired after working for 25 years. He will continue to work as a non-executive chairman. Mahesh Iyer has taken over as MD and CEO.
Castrol announced to break its equity shares into five parts, which will reduce the face value from Rs 10 to Rs 2.
Asian Paints have got the approved to re -put the ‘Public’ category from the ‘Promoter Group’ to the Visel Holding and Trading Company.
A metro brands have organized a meeting of shareholders to appoint Bhaskar Bhat and Radhika Dilip Piramal as non-executive independent directors.
Godrej Properties have acquired 100% equity shares of Paralshine Home Developers Private Limited.
Pre-series production has started in the manufacturing facility of RACL Geretech in Gajraula.
Anand Rathi Wealth has setup a subsidiary Anand Rathi Wealth UK Limited in the United Kingdom.
IDBI Bank has been fined Rs 5.22 crore by South Mumbai Edicor Commissioner, CGST & CX.
The Maharashtra GST Authority has imposed a fine of Rs 3.55 crore by the Maharashtra GST Authority for incorrectly benefiting the input tax credit on Lupin. The company is considering appealing against this decision.
In the December quarter, HFCL’s net profit fell 12% to ₹ 72.58 crore and revenue 2% fell to ₹ 1,012 crore on an annual basis.
On the annual basis in the December quarter, the net profit of Gland Pharma rose by 7% to ₹ 205 crore but the revenue slipped 10% to ₹ 1,384 crore.
Power Grid Corporation of India
Powergrid’s net profit fell 4 per cent to ₹ 3,862 crore in the December quarter, but during this time the revenue rose by 3% to ₹ 11,550 crore.
Garden Reach Shipbuilders & Engineers
On the annual basis in the December quarter, the net profit of Garden Reach rose 11% to ₹ 98 crore and Revenue 38% to ₹ 1,271 crore.
On the annual basis in the December quarter, the net profit of premiere energy rose by 491% to ₹ 255 crore and revenue from 140% to ₹ 1,713 crore.
On the annual basis in the December quarter, Tata Cammles fell into a net loss of ₹ 21 crore with a net profit of ₹ 194 crore.
Castrol’s net profit rose 12% to ₹ 271 crore and revenue by 7.1% to ₹ 1,354 crore on an annual basis in the December quarter.
NLC India’s revenue rose 39% to ₹ 4,411 crore on an annual basis in the December quarter. EBITDA increased by double to ₹ 1,827 crore and NET profit reached ₹ 668 crore.
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