Stocks To Watch Today on February 10, 2025: Delhivery, Britannia, LIC, BHEL & More in Focus

On Monday, February 10, 2025, the Indian stock market is expected to open on a weaker note, with benchmark indices Sensex and Nifty 50 likely to decline amid global market uncertainties.

Here are the key stocks to watch today:

• Delhivery 

Delhivery reported an increase in its net profit for the December quarter, reaching ₹24.9 crore compared to ₹11.7 crore in the same period last year. However, the profit fell short of street estimates, which had projected ₹66 crore. The company’s revenue from operations grew year-on-year to ₹2,378.2 crore, up from ₹2,194.4 crore.

• Britannia Industries

Britannia Industries plans to tackle inflation in the ongoing March quarter by implementing price hikes at twice the rate of those taken in the December quarter, according to Executive Vice-Chairman and MD Varun Berry. During an earnings call on Friday, Berry also announced that the company will pause capital expenditure for FY26, limiting it to around ₹150-200 crore. In recent years, Britannia has spent approximately ₹500-600 crore annually on capex.

• Bharat Heavy Electricals

BHEL has secured a Letter of Award (LoA) worth approximately ₹8,000 crore from Maharashtra State Power Generation Company (Mahagenco). The contract is for a 2×660 MW Boiler-Turbine-Generator (BTG) package at the Koradi Thermal Power Station, the company stated in an exchange filing.

The scope of work includes equipment supply, erection, commissioning, and civil works. The project is expected to be completed within 52 months for Unit-11 and 58 months for Unit-12 from the date of the LoA.

• Bharat Electronics

BEL has secured three separate orders worth a total of ₹1,604 crore, according to the Ministry of Defence. The company signed a ₹610 crore contract for the supply of an Electro-Optic Fire Control System (EOFCS) for the Indian Navy. Additionally, BEL received another order worth ₹352 crore, which includes an anti-drone system and an integrated fire detection vessel communication system.

• LIC

Life Insurance Corporation of India (LIC) reported a year-on-year rise in net profit to ₹11,009 crore, despite a decline in net premium income, which stood at ₹1.07 lakh crore.

• Mahindra & Mahindra

Mahindra & Mahindra reported an increase in net profit to ₹2,964 crore, driven by strong demand for SUVs and tractors. The company’s revenue from operations rose to ₹30,538 crore.

• Vedanta

Vedanta has received penalty orders totalling ₹141.4 crores from the CGST & Central Excise, Rourkela Commissionerate.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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