Stocks to Watch: On Friday, November 14, investors will keep an eye on the quarterly results and new announcements of many big and midcap companies in the stock market. Some companies have shown strong profits, while some giants have had a weak performance. At the same time, three companies have got new big contracts. Due to this, a big movement can be seen in the shares of these companies.
Tire maker Apollo Tires’ September quarter net profit declined 13% to ₹258 crore from ₹297 crore last year. The company’s revenue increased by 6% to ₹6,831 crore and EBITDA increased by 16.2% to ₹1,020 crore. The company’s margin also increased by 130 basis points to 14.9%, which was 13.6% last year.
Muthoot Finance’s September quarter net profit stood at ₹2,345 crore, beating CNBC-TV18’s estimate of ₹1,929 crore. Net interest income (NII) stood at ₹3,992 crore, compared to estimates of ₹3,539 crore. The company’s profit has increased by 87.4% on an annual basis and NII has increased by 58.5%.
Jubilant Foodworks’ profit stood at ₹186 crore, which was ₹64 crore last year i.e. an increase of almost three times. Revenue grew 19.7% to ₹2,340 crore, while EBITDA stood at ₹476.4 crore, from ₹398.5 crore last year. Margin remained stable at 20.4%.
Vishal Mega Mart’s net profit rose 46.4% to ₹152.3 crore from ₹104 crore last year. The company’s income increased by 22.4% to ₹2,981 crore. EBITDA grew 30.7% to ₹394 crore and margin expanded to 13.2% from 12.4%.
The commercial vehicle (CV) segment of Tata Motors has suffered a setback. The company has shown a loss of ₹867 crore in the September quarter, compared to a profit of ₹498 crore last year. Revenue grew by 6% to ₹18,585 crore, but EBITDA declined by a sharp 99% and margins also declined significantly.
LG Electronics’ net profit declined 27.3% to ₹389 crore. The company’s income increased by 1% to ₹6,174 crore. EBITDA declined 27.7% to ₹547.5 crore. Margin also declined to 8.9%, compared to 12.4% last year.
Bharat Dynamics has received a contract worth ₹2,095.7 crore from the Defense Ministry. Under this, the company will make INVAR anti-tank missiles for T-90 tanks. In the results released today, the company’s net profit increased by 75.5% to ₹ 216 crore. Income stood at ₹1,147 crore, up from ₹545 crore last year.
Tega Industries’ net profit stood at ₹50 crore, compared to only ₹7 crore last year. The company’s income increased by 14.7% to ₹405.3 crore. EBITDA stood at ₹69.4 crore, up from ₹34.6 crore last year. Margin increased from 9.8% to 17.1%.
Sonata Software’s net profit increased 10% to ₹120 crore. However, revenue declined 28.5% to ₹2,119.3 crore. EBIT increased by 9.2% to ₹146.3 crore. Margin stood at 6.9%, down from 4.5% in the previous quarter.
Orkla India’s profit declined 7.3% to ₹77 crore. Income increased 4.9% to ₹650.2 crore. EBITDA declined 6.2% to ₹106.7 crore. Margin declined from 18.4% to 16.4%.
PG Electroplast’s performance remained weak. The company’s net profit declined by 86% to ₹3 crore. Income declined 2.3% to ₹655.3 crore. EBITDA declined 46% to ₹30.3 crore. Margin declined from 8.3% to 4.6%.
Relaxo Footwears’ profit declined marginally by 1.5% to ₹36.2 crore. Income declined 7.5% to ₹629 crore. EBITDA declined 7.3% to ₹81.2 crore. Margin remained stable at 12.9%.
Akams Drug’s net profit declined 37.6% to ₹41 crore. Income declined 1.5% to ₹1,017.5 crore. EBITDA declined 22.4% to ₹94 crore. Margin also declined from 11.7% to 9.2%.
Hikal suffered a loss in the quarter. The company’s net loss stood at ₹35 crore, compared to a profit of ₹18 crore last year. Income declined 29.7% to ₹318.5 crore.
Pharma company Zydus Life has received final approval from USFDA for Diroximel Fumarate Delayed-Release Capsules, 231 mg. This medicine is used to treat a disease called Multiple Sclerosis (MS).
DWS has announced the purchase of 40% stake in Nippon Life India AIF Management. This company is a wholly owned subsidiary of Nippon Life India.
Government Navratna company NBCC (India) Ltd has got a contract worth ₹340.17 crore for the Phase-1 construction work of Central University of Kashmir. This project will be developed in Tulmulla, Ganderbal. This order has been given by the Central University of Kashmir.
TVS Supply Chain Solutions
TVS Supply Chain Solutions Ltd’s September quarter net profit rose 53.77% to ₹16.3 crore from ₹10.6 crore last year. The company’s revenue grew 6% to ₹2,663 crore, while EBITDA declined 4.9% to ₹181.15 crore.
CESC Green Power Ltd, a subsidiary of CESC Ltd, has received in-principle approval from the high-level clearance authority of the Government of Odisha for a large renewable energy construction project worth ₹4,500 crore. This project will be developed in three phases in Dhenkanal district. This will include a 3GW solar cell unit, a 3GW solar module unit, a 5GWh battery cell and pack facility, and a 60 MW captive power plant.
South Central Mumbai based real estate company Suraj Estate Developers Ltd has announced the launch of its flagship commercial project ‘One Business Bay’. Its Gross Development Value (GDV) is estimated at ₹1,200 crore. The project will be spread over a carpet area of 2.09 lakh square feet and has received registration from MahaRERA.
Rainbow Children’s Medicare
Rainbow Children’s Medicare Ltd reported a 4.6% decline in net profit at ₹75 crore in the September quarter from ₹79 crore last year. However, the company’s revenue increased by 6.5% to ₹444.7 crore. The board has appointed Abrar Ali Dalal as CEO. His tenure will start from January 20, 2026.
LG Electronics Q2 Results: Profit declined by 27%, slight increase in revenue; Impact of GST cut visible
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