Stocks in news: Coal India, Divi's Labs, Honasa Consumer, Paytm, Hero MotoCorp
Coal India, ONGC, Honasa Consumer, Divi's Labs among others will be in focus due to corporate results and various other developments.
Coal India, HAL, NHPC, SAIL
Shares of Coal India, HAL, NHPC, SAIL will be in focus as the companies will announce their third quarter results today.
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.
Read more: Here's the trade setup for today's session
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.
Hero MotoCorp
Hero MotoCorp on Friday reported a 51% year-on-year (YoY) growth in net profit for the quarter ended December to Rs 1,073.40 crore, which was largely on expected lines. Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore.
Tata Power
Tata Power's consolidated net profit rose by a marginal 1% year-on-year to Rs 953 crore in the quarter ended December.
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.
Aurobindo Pharma
Aurobindo Pharma reported net profit of Rs 936 crore in
