Stocks to keep an eye on include Bharti Airtel, HCL Tech, Waaree Energies, Bharat Forge, and PFC

Stocks to watch: Bharti Airtel, HCL Tech, Waaree Energies, Bharat Forge, PFC among shares in focus today.(Photo: Pexels )

Here is a brief overview of the stocks that are probably going to be the focus of today’s trading.

Bharti Airtel

With Adani Data Networks, a division of Adani Enterprises, the company and its subsidiary Bharti Hexacom have finalized agreements to purchase usage rights for 400 MHz of spectrum in the 26 GHz band throughout Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.

LTIMindtree, Bajaj Housing Finance

As both companies prepare to release their quarterly earnings on Wednesday, shares of LTIMindtree and Bajaj Housing Finance are anticipated to be in the spotlight.

HCL Tech

The net profit of the company dropped from ₹4,591 crore to ₹4,307 crore, a 6.2% year-over-year decline. Revenue increased slightly by 1.2% to ₹30,246 crore from ₹29,890 crore in the prior period, despite the decline in profit. In dollar terms, however, revenue decreased by 1%, reaching $3,498 million as opposed to $3,533 million. For FY25, the board has announced an interim dividend of ₹18 per share as part of its shareholder return policy.

Waaree Energies

The business reported ₹4,140 crore in revenue for the fourth quarter, a 37.69% increase. Waaree Energies’ total revenue for the fiscal year was ₹14,846.06 crore, which was a 28% increase from the previous year.

Bharat Forge

CCI has approved Bharat Forge’s acquisition of AAM India’s manufacturing operations, subject to voluntary modifications.

360 One WAM

The Competition Commission of India (CCI) has approved the purchase of a portion of the equity shares in Bharti Axa Life Insurance Company by 360 ONE Private Equity Fund, a subsidiary of 360 ONE WAM, and the subscription of specific equity shares in Bharti Axa Life by 360 ONE and Bharti Life Ventures.

Cyient DLM

Cyient DLM posted a net profit of 31 crore for the fourth quarter, with operational revenue rising by 18% to reach 362 crore.

Power Finance Corp

Regarding the ₹307 crore in unpaid debt owed to Gensol Engineering, the state-run Power Finance Corporation said it is “considering all available options” and taking proactive measures.

Delta Corp

Delta Corp posted a net profit of 165 crore for the fourth quarter, while its revenue decreased by 1% to 183 crore during the same period.

Ashoka Buildcon

Ashoka Buildcon has received an acceptance letter for a project valued at 568.86 crore from Central Railway.

Disclaimer: The sole purpose of this story is education. The opinions and suggestions expressed above are not those of Times of Dalal Street, but rather those of individual analysts or broking firms. Before making any investment decisions, we encourage investors to consult with qualified professionals.

Leave a Reply

Your email address will not be published. Required fields are marked *