Last Updated: February 12, 2024, 08:18 IST
Stocks to watch on February 12
Stocks to watch: Shares of firms like IRCTC, Paytm, Mamaearth, JSW Group, Coal India, ONGC, and others will be in focus on Monday’s trade.
Stocks To Watch On February 12: After a subdued start, equity markets made a recovery to close higher on Friday, driven by buying in select heavyweight stocks.
Q3FY24 earnings today: 63Moons, AllCargo Logistics, Avadh Sugar, BASF, Bharat Forge, BLS International Services, Chemplast Sanmar, Coal India, Edelweiss Financial Services, Hindustan Aeronautics, Mazagondock Shipbuilders, Samvardhana Motherson International, NHPC
Yatharth Hospital and Trauma Care: Healthcare services provider Yatharth Hospital and Trauma Care Services on Sunday announced the acquisition of a 100 per cent stake in the 175-bed Faridabad-based Asian Fidelis Hospital for an enterprise value of Rs 116 crore.
This comes after Yatharth Hospital announced entering a definitive agreement with Pristine Infracon and its shareholders to acquire the hospital by way of a 100 per cent equity purchase from the existing shareholders, according to the company statement.
Indian Railways Catering and Tourism Corporation: IRCTC has incorporated a wholly-owned subsidiary company in the name of ‘IRCTC Payments Ltd’ for the purpose of payment aggregator business.
Orient Press: The Board has approved for setting up of new manufacturing facility/plant for new line of business of production of candles.
JSW Group: The JSW Group has signed a deal worth Rs 40,000 crore with the Odisha government to set up an electric vehicle (EV) and electric vehicle battery manufacturing project at Cuttack and Paradip.
Dr Reddy’s Labs: The company’s formulations manufacturing facility (FTO-3) in Bachupally, Hyderabad, has received the Establishment Inspection Report (EIR) from the USFDA, where the inspection has been classified as Voluntary Action Indicated (VAI).
Railtel Corp: Company receives order worth Rs 18.21 crore from the Minsitry of Defence.
Easy Trip Planners: The Board has considered and in-principally approved the proposal to open a 5-star hotel in Ayodhya, which is less then one kilometer from Shree Ram Mandir, through investment of an amount of up to Rs 100 crore in Jeewani Hospitality Private Limited.
ONGC: Oil and Natural Gas Corporation Ltd (ONGC) reported a 9.9% year-on-year (YoY) decline in consolidated net profit for the quarter ended December 2023 to Rs 10,356 crore.
Divi’s Labs: Pharma major Divis Labs reported a consolidated net profit of Rs 358 crore for the quarter ended December, up 17% from Rs 306 crore posted in the same period last year.
Paytm: One 97 Communications Ltd on Friday said that it will form a group advisory committee, chaired by former SEBI Chairman M. Damodaran, to work with the board for strengthening compliance, and regulatory matters.
Honasa Consumer: Honasa Consumer, which owns and operates Mamaearth, reported 265% growth in its consolidated net profit to Rs 26 crore for the quarter ended December.