Stocks to Watch in Today’s Market
As trading kicks off today, here are some key stocks that could see movement based on recent earnings and market developments.
Bank of Baroda (BoB)
BoB posted a 5.6% YoY rise in net profit for Q3FY25, reaching ₹4,837 crore. Net interest income (NII) also inched up 2.8% YoY to ₹11,417 crore. However, on a quarter-on-quarter (QoQ) basis, net profit dropped 7.6%, and NII slipped 1.76% from the previous quarter.
Larsen & Toubro (L&T)
The engineering and infrastructure giant recorded a 14% YoY jump in Q3 net profit, reaching ₹3,359 crore. Revenue grew 17% YoY to ₹64,668 crore, driven by a strong order book and better execution in its Projects & Manufacturing segment
Tata Consumer Products
The FMCG player reported a steady net profit of ₹279 crore for Q3FY25, while revenue saw a 17% YoY jump to ₹4,443 crore. However, EBITDA declined 1.4% YoY, with the EBITDA margin settling at 12.7%, constrained by higher expenses. Investors tracking Shares in the FMCG sector will be paying close attention.
Shree Cement
The company announced an interim dividend of ₹50 per share, with February 5, 2025, as the record date. Investors holding stocks of the company by February 4 will be eligible.
Kalyan Jewellers
Kalyan Jewellers had a strong Q3, posting a 21.2% YoY rise in net profit to ₹218.8 crore. Revenue surged 39.5% YoY to ₹7,286.8 crore, though EBITDA margins dipped to 6% from 7.1% last year. This could impact stocks in the jewelry and retail segment.
PB Fintech (Policybazaar & Paisabazaar)
PB Fintech’s net profit soared 88.2% YoY to ₹71.5 crore, while revenue saw an impressive 48.3% YoY jump to ₹1,291.6 crore. The company also turned EBITDA positive, posting ₹27.7 crore, compared to a ₹25.5 crore loss a year ago. Given its performance, stocks in the fintech sector could see increased investor interest.
Dabur India
Dabur posted a modest 1.8% YoY rise in Q3 net profit, reaching ₹515.82 crore, while revenue grew 3% YoY to ₹3,355.25 crore. As one of the key stocks in the FMCG space, its performance will be closely watched.
Dr. Lal PathLabs
The diagnostics firm saw net profit grow 19% YoY to ₹98 crore, with revenue rising 11% YoY to ₹596.7 crore. Expansion in Western and Southern India played a key role in this growth. Healthcare stocks like Dr. Lal PathLabs might be in focus today.
Anand Rathi
SEBI has fined Anand Rathi ₹5 lakh for regulatory violations found in an inspection covering April 2020 to October 2021. The firm has 45 days to pay. Stocks in the brokerage and financial services sector may react to this development.
Biocon
Biocon’s Q3FY25 performance was as expected but appeared weaker YoY, as the previous year’s results included one-time gains from divestments. Despite that, EBITDA grew 16% YoY to ₹787 crore. Biotech and pharmaceutical stocks like Biocon could see some movement.
Waaree Energies
Waaree Energies reported a massive four-fold jump in Q3 net profit, hitting ₹493 crore, with revenue more than doubling (up 116% YoY) to ₹3,457 crore. Its order book stands at 26.5 GW, valued at ₹50,000 crore. This growth could make its stocks attractive for investors.
Astral
The building materials company posted flat profit growth, with net profit up just 0.4% YoY to ₹114 crore, while revenue saw a small 2% YoY rise to ₹1,397 crore. Given the sector’s stability, these stocks may see steady movement.
Motilal Oswal Financial Services (MOFSL)
SEBI levied a ₹7 lakh penalty on MOFSL for data misreporting, short margin collections, and investor grievance lapses during April 2021 – June 2022. Investors may keep a close watch on stocks in the brokerage industry after this regulatory action.
