Thanks to favourable global signals this morning, markets will likely positively start the penultimate week ahead of the Union Budget. SGX Nifty February futures were quoted at 18,206 at 7:10 am, while the spot Nifty 50 closed at 18,028 on Friday.

Meanwhile, the following stocks could be in for action in Monday’s session.

ICICI Bank: The bank’s net profit surged 34.2% to Rs 8,311.85 crore in the third quarter of fiscal 2023 from Rs 6,193.81 crore in the same quarter a year earlier. Total revenue rose 23.9% year-on-year to Rs 33,529.26 crore.

UltraTech Cement: The consolidated net turnover of Aditya Birla Group companies fell 37.9% to Rs 1,062.68 crore in the December 2022 quarter from Rs 1,710.40 crore in the December 2021 quarter. However, total revenue surged 27.5% to Rs 16,647.52 crore during the same period.

Reliance Industries: The Mukesh Ambani-led company reported a 15% decline in consolidated net profit at Rs 15,792 crore in the third quarter of FY23 but came in slightly above expectations. The company warned of the impact of global economic headwinds on energy demand on a conference call following the results.

SBI Life: The state-run insurer’s net income fell 16.5% to Rs 304.13 crore in Q3FY23 from Rs 364.06 crore in Q3FY22. Operating income, however, rose 30.1% year-on-year to Rs 26,626.71 crore.

Yes Bank: The bank’s third-quarter net income for the quarter that ended December 2022 fell 80.7% to Rs 51.52 crore, compared to Rs 266.43 crore a year earlier. However, total revenue rose 24.6% year-on-year to Rs 7,015.18 crore.

Apollo Micro Systems: The 1:10 stock split, approved by the company’s board of directors, means that each share with a par value of Rs 10 will be subdivided into 10 shares with a par value of Re 1 each.

Petronet LNG: The company recorded an all-time high profit of Rs 1,181 crore in the third quarter of FY23, up 3.2% from Rs 1,144 crore in the same period last year. Turnover rose 44% year-on-year to Rs 46,025 crore. The company said it achieved these results due to cooling global LNG prices and operational optimizations that reduced electricity and fuel costs.

Wipro: The IT major terminated 452 freshers on performance grounds.

IDFC First Bank: The bank’s net income surged more than 115% to Rs 604.61 crore in Q3FY23, compared to Rs 281.06 crore in Q3FY22. Total revenue rose 35.9% YoY to Rs 7,064.30 crore.

Bajaj Auto: The two-wheeler specialist will launch its iconic scooter brand, Chetak, Pierer Mobility (KTM’s parent company), in Europe in early 2024. The company’s Chakan factory just produced its millionth KTM bike.

RBL Bank: The private bank reported a 34% year-on-year rise in third-quarter net profit to Rs 209 crore, as solid net interest income boosted private bank profits. Net interest income rose 13.6% to Rs 1,148 crore.

Punjab & Sind Bank: Net profit jumped more than 24% to Rs 373.24 crore in Q3FY23 from Rs 300.82 crore in Q3FY22. Total revenue rose nearly 10% to Rs 2,245.10 crore.

LTIMindtree: The company’s net revenue fell 4.6% year-on-year to Rs 1,000.70 crore in the third quarter due to the one-off impact of integration costs related to the merger. Operating income rose 25% year-on-year to Rs 8,620 crore.

HDFC Life: The private insurer’s third-quarter net income rose 15% to Rs 315 crore, compared with Rs 274 crore a year earlier. Total revenue rose 38.5% year-on-year to Rs 19,693 crore.

JSW Steel: The company’s consolidated net turnover in Q3 fell by 85.50% to Rs 474 crore in the December quarter, mainly due to higher expenses. However, total revenue rose nearly 3% year-on-year to Rs 39,322 crore.

Axis Bank: The private bank plans to raise up to Rs 5,000 crore in the coming days through a 10-year infrastructure bond issue.