stock market
The stock market closed strongly on Monday. The market is expected to remain bullish even today. In such a situation, if you are an investor then you can keep an eye on some shares. On the basis of news, movement can be seen in many stocks including RIL, HDFC Life, PVR Inox today. Let us know where there will be bullishness and recession in the market today.
RIL
RIL’s second quarter profit declined 5% to Rs 16,563 crore. The decline in profits was mainly due to weakness in the oil-to-chemicals (O2C) business. Due to this, its impact can be seen on the stock today.
HCL Tech
The company reported 10% growth in net profit at Rs 4,235 crore, while revenue from operations grew 8% year-on-year.
HDFC Life, HDFC AMC, PVR Inox
Shares of HDFC Life, HDFC AMC and PVR Inox will be under watch as these companies will declare their second quarter results today.
angel one
Brokerage firm Angel on Monday reported a net profit of Rs 423 crore in Q2FY25, up 39% from Rs 304 crore reported by the company in the same period a year ago.
JSW Infrastructure
JSW Infrastructure has won the contract from Maharashtra Maritime Board for the development of an all-weather and multipurpose port at Murbay in Palghar district.
Laika Labs
Lyca Labs has received product approval from the Central Drugs Standard Control Organization (CDSCO) to manufacture and market Pregabalin Gel 8% in India.
Zydus
Zydus and ICMR have initiated Phase 2 proof-of-concept trial of decidustat in sickle cell disease patients.
Gopal Snacks
Gopal Snacks’ profit rose 6.2% to Rs 28.9 crore in the second quarter, compared to Rs 27.2 crore in the previous fiscal. At the same time, revenue increased by 12.6% to Rs 402.6 crore, whereas in the last financial year it was Rs 357.7 crore.
Sunteck Realty
Sunteck Realty’s pre-sales increased by 32.7% to Rs 524 crore, compared to Rs 395 crore earlier. Collections increased by 24.8% to Rs 267 crore, compared to Rs 214 crore earlier. Apart from this, today the stocks of CESC, Can Fin Homes, CG Power and Industrial Solutions, Charlotte Hotels, Indian Overseas Bank, J Kumar Infraprojects etc. will be in focus.
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