Here’s a quick look at stocks likely to be in focus in today’s trade.
Bharti Airtel
The company, along with its subsidiary Bharti Hexacom, has signed definitive agreements with Adani Data Networks—a subsidiary of Adani Enterprises—to acquire usage rights for 400 MHz of spectrum in the 26 GHz band across Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.
LTIMindtree, Bajaj Housing Finance
Shares of LTIMindtree and Bajaj Housing Finance are expected to be in the spotlight as both companies are set to announce their quarterly earnings on Wednesday.
HCL Tech
The company reported a 6.2% year-on-year decline in net profit, which fell to ₹4,307 crore from ₹4,591 crore. Despite the dip in profit, revenue saw a modest increase of 1.2%, rising to ₹30,246 crore compared to ₹29,890 crore in the previous period. However, revenue in dollar terms registered a decline of 1%, coming in at $3,498 million versus $3,533 million. As part of its shareholder return policy, the board has declared an interim dividend of ₹18 per share for FY25.
Waaree Energies
The company posted fourth quarter revenue of ₹4,140 crore, marking a 37.69% rise. For the entire fiscal year, Waaree Energies recorded total revenue of ₹14,846.06 crore, representing a year-on-year growth of 28%.
Bharat Forge
CCI has approved Bharat Forge’s acquisition of AAM India’s manufacturing operations, subject to voluntary modifications.
360 One WAM
The Competition Commission of India (CCI) has granted approval for 360 ONE Private Equity Fund (a subsidiary of 360 ONE WAM) to acquire a portion of equity shares in Bharti Axa Life Insurance Company, as well as for 360 ONE and Bharti Life Ventures to subscribe to certain equity shares in Bharti Axa Life.
Cyient DLM
Cyient DLM posted a net profit of ₹31 crore for the fourth quarter, with operational revenue rising by 18% to reach ₹362 crore.
Power Finance Corp
State-run Power Finance Corporation stated that it is taking proactive steps and “considering all available options” regarding the outstanding dues of ₹307 crore from Gensol Engineering.
Delta Corp
Delta Corp posted a net profit of ₹165 crore for the fourth quarter, while its revenue decreased by 1% to ₹183 crore during the same period.
Ashoka Buildcon
Ashoka Buildcon has received an acceptance letter for a project valued at ₹568.86 crore from Central Railway.
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