On Wednesday, January 29, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open positively following a rally in global equities. Check out a few stocks that might be in focus during the trading session.
For Q3, Bajaj Auto reported a standalone net profit of ₹2,108 crore, up from ₹2,042 crore year-on-year (Y-o-Y). Revenue stood at ₹12,810 crore compared to ₹12,114 crore (Y-o-Y), against an estimate of ₹12,963 crore. EBITDA reached ₹2,580 crore, up from 20.10% (Y-o-Y), beating the expected 19.6%.
Mahanagar Gas reported a Q3 standalone net profit of ₹225 crore, down from ₹280 crore (Q-o-Q). Revenue increased slightly to ₹1,930 crore compared to ₹1,880 crore (Q-o-Q). EBITDA fell to ₹314 crore from ₹400 crore (Q-o-Q), with margins narrowing to 16.28% from 21.23% (Q-o-Q). The company announced a dividend of ₹12 per share.
JSW Steel has extended the long-stop date for acquiring a 92.19% stake in Minas de Revuboe from January 31, 2025, to June 30, 2025.
BHEL‘s Q3 consolidated net profit surged to ₹135 crore, up from ₹60.3 crore (Y-o-Y) and ₹106 crore (Q-o-Q). Revenue rose to ₹7,280 crore compared to ₹5,500 crore (Y-o-Y). EBITDA increased to ₹305 crore from ₹217 crore (Y-o-Y), with margins improving to 4.19% from 3.94% (Y-o-Y).
JSW Energy posted a Q3 consolidated net profit of ₹167 crore, down from ₹231 crore (Y-o-Y) and ₹853 crore quarter-on-quarter (Q-o-Q). Revenue fell to ₹2,400 crore from ₹2,543 crore (Y-o-Y). The company also approved raising up to ₹3,000 crore via non-convertible debentures (NCDs).
Colgate-Palmolive‘s Q3 standalone net profit stood at ₹323 crore, ₹330 crore (Y-o-Y), and down from ₹395 crore (Q-o-Q). Revenue increased to ₹1,452 crore from ₹1,390 crore (Y-o-Y). EBITDA reached ₹454 crore, down from ₹470 crore (Y-o-Y).
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.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 29, 2025, 8:17 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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