Stocks to watch for Thursday, February 15: At 7:50 am, Gifty Nifty futures were trading 68.15 points or 0.31 percent higher at 21,985, meaning the indices will start the day on a positive note. The stock market showed resilience on Wednesday February 14, shrugging off initial losses to close on a positive note.
Despite a rocky start fueled by concerns about higher-than-expected U.S. inflation, benchmark stock indices rebounded late in the session, reflecting investor optimism.
Sensex surged 277.98 points to reach 71,833.17, while Nifty climbed 96.80 points to close at 21,840.05. Amid the market rally, 35 of the 50 Nifty companies posted gains, while 15 ended the day in the red.
Here are some values that will be in the spotlight on Thursday February 15:
Results on February 15: EPAC Durable and R Systems International will publish their third quarter results.
Muthoot Finance: The company recorded a consolidated net profit of Rs 1,145.3 crore against Rs 933.93 crore year-on-year (YoY), an increase of 22.6 per cent. The company’s operational revenue stood at Rs 3,820 crore for the quarter ended December 31, compared to Rs 3,009.6 crore a year ago.
Gland Pharma: The pharmaceutical company reported a consolidated net profit of Rs 191.86 crore in the third quarter compared to Rs 231.95 crore year-on-year (YoY), a decline of 17.3 per cent. The company’s operational revenue stood at Rs 1,545.2 crore for the quarter ended December 31 as against Rs 938.29 crore a year ago.
CONCOR: Container Corporation of India (CONCOR) and Container Company of Bangladesh Ltd. (CCBL) have signed a Memorandum of Understanding (MOU) to develop modalities for movement of container trains between India and Bangladesh to facilitate cross-border trade besides developing various infrastructure and logistics businesses. and project-related services. This is an activated extension of the existing agreement until April 7, 2027.
PC Jeweler: The company reported a net loss of Rs 200.65 crore in the third quarter ended December 31 compared to Rs 67.19 crore a year ago. The company’s total revenue for the quarter under review stood at Rs 43.48 crore as against Rs 882.83 crore YoY.
(With input from agencies.)
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