Market Commentary     30-Jan-25
Stock Alert
Stock Alert: Tata Motors, Bajaj Finance, Allied Belnders & Distilleries, Aarti Drugs
Earnings Today:

Larsen & Toubro, Adani Enterprises, Adani Ports and Special Economic Zone, Bajaj Finserv, Shree Cement, GAIL (India), Bank of Baroda, PB Fintech, AAVAS Financiers, Astral, Bharat Electronics, Biocon, CARE Ratings, Coromandel International, Dabur India, Indegene, Jindal Steel & Power, Kalyan Jewellers India, Dr Lal PathLabs, Navin Fluorine International, Phoenix Mills, Prestige Estates Projects, Voltamp Transformers, and Waaree Energies will declare their results later today. Stocks to Watch:

Tata Motors reported a 22.41% decline in consolidated net profit to Rs 5,451 crore despite of 2.71% rise in revenue from operations to Rs 113,575 crore in Q3 FY25 over Q3 FY24.

Bajaj Finance’s consolidated net profit jumped 18% to Rs 4308 crore in Q3 FY25 as compared with Rs 3,639 crore in Q3 FY24. Net interest income (NII) increased 23% YoY to Rs 9,382 crore in Q3 FY25.

Allied Blenders & Distilleries reported consolidated net profit of Rs 57.46 crore in Q3 FY25 compared with a net loss of Rs 4.42 crore in Q3 FY24. Revenue from operations (excluding excise duty) increased 8.84% to Rs 973.94 crore in Q3 FY25.

Aarti Drugs’ consolidated net profit rose 1% to Rs 37.1 crore in Q3 FY25 as compared with Rs 36.7 crore in Q3 FY24. Revenue from operations fell 8.2% YoY to Rs 557 crore in the quarter ended 31st December 2024.

GR Infraprojects has emerged as the L-1 bidder for a project worth Rs 262.3 crore from Western Railways. The project involves the EPC tender for gauge conversion of 38.9 km of track and associated work from Kosamba to Umarpada at the Kosamba-Umarpada section in the Vadodara division of Western Railways.

JK Cements has executed an agreement with Gujarat Mineral Development Corporation (GMDC) to supply 250 million tonnes (MT) of Limestone. This will help the company for consolidating in the West market in the near future.

Previous News
  Tata Motors to hold board meeting
 ( Corporate News - 14-Mar-25   09:30 )
  Nifty March futures trade at premium
 ( Market Commentary - Futures Market 13-Mar-25   16:42 )
  Nifty March futures trade at premium
 ( Market Commentary - Futures Market 12-Mar-25   16:32 )
  Bajaj Finance allots NCDs aggregating Rs 776.52 cr
 ( Corporate News - 03-Mar-25   14:13 )
  Tata Motors Feb sales decline 8%
 ( Corporate News - 03-Mar-25   11:14 )
  Tata Motors drops after total sales slumps over 8% to 79,344 units in Feb’25
 ( Hot Pursuit - 03-Mar-25   10:13 )
  Stock Alert: Auto companies, IIFL Finance, Dalmia Bharat, Ujjivan Small Finance Bank,
 ( Market Commentary - Stock Alert 03-Mar-25   08:32 )
  Tata Motors Ltd slips for fifth straight session
 ( Hot Pursuit - 28-Feb-25   13:35 )
  Bank, NBFCs shares spurts after RBI eases risk weigh on lending
 ( Hot Pursuit - 27-Feb-25   15:21 )
  Tata Motors hits fifteen month low; down nearly 40% in last six months
 ( Hot Pursuit - 27-Feb-25   14:37 )
  Nifty February futures trade at premium
 ( Market Commentary - Futures Market 19-Feb-25   16:50 )
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