Coal India, Eicher Motors, SAIL, Hindalco, Paytm, LIC, RVNL: Stocks to watch on Tuesday
Stocks to watch on Tuesday, February 13: Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said there was "hardly any room" to review its action taken against Paytm Payments Bank.
Stocks to watch on Tuesday, February 13: At 8:42 AM, GIFT Nifty futures traded 47.15 points, or 0.22 per cent, higher at 21,745, indicating a positive start for domestic equities on Tuesday, February 13.
Here are some stocks in the limelight on Tuesday, February 13.
Paytm: Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said there was "hardly any room" to review its action taken against Paytm Payments Bank.
Results on February 13: Hindalco Industries, Eicher Motors, Bharat Heavy Electricals, Bosch, Deepak Nitrite, Gujarat Gas, IRCTC, NALCO, Info Edge India, Hindustan Copper, and Siemens are some of the names that will release their Q3 results.
LIC/SBI Card: Life Insurance Corporation of India (LIC) increased its shareholding in SBI Cards & Payments Services Limited from 47,410,710 to 47,711,794 equity shares, i.e., 4.99 per cent to 5.02 per cent.
JSW Energy: The company, through a regulatory filing, clarified that JSW Energy Limited had no investment plans in Odisha for EV and battery plants.
Goa Carbon: The company resumed operations at the Paradeep Unit in Odisha. The unit has been closed for maintenance work since January 18.
RVNL: The company emerged as the lowest bidder (L1) from Madhya Pradesh Paschim Kshetra Vidyut Vitran Company Ltd. for the supply, installation, testing, and commissioning of a new 11 KV line for bifurcation and interconnection.
Coal India: Shares of the PSU coal company posted very strong results for Q3 with the highest-ever quarterly PAT. Revenues at the company increased by 3 per cent on year, while profit grew 17 per cent.
SAIL: The steel company posted results below estimates for the December quarter with weak operational performance. Profit at the company declined 29 per cent on year.
Hindalco: Novelis results were announced on Monday, with profit coming in at 10.1 times on year.
Tilaknagar Industries: The brewery company posted strong operational performance. Nevertheless, profit at the company declined 42 per cent to Rs 44 crore in the December quarter on the back of an exceptional gain of Rs 51 crore in the base quarter.
GMR Airports: The stock of the company will gain traction on its surprise inclusion in the MSCI Global Standard Index.
Indian Hotels: The company's MD and CEO, in an exclusive conversation with Zee Business, said that a deal could be signed for the fourth hotel in Ayodhya.
JSW Energy: The company's subsidiary has bagged a LoA for the wind power project.
Interglobe Aviation: The lock-in on the company's promoter group, the Gangwal family, will end today.
Park Hotels: Al Mehwar Commercial Investments LLC bought 20.9 lakh equity in the company. Also, on the sidelines, Quant Small Cap Fund bought 93.2 lakh shares.
(With inputs from agencies.)
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