MARKETS

Stocks in Focus: Reliance Industries, ONGC, Patanjali Foods, and Others

The policy will not apply to corporations that are currently establishing medication manufacturing plants in the US.
The policy will not apply to corporations that are currently establishing medication manufacturing plants in the US.

The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.19% higher by 44.5 points at 23,474.5, indicating that the domestic benchmark indices are likely to make a positive start on Tuesday.

On Monday, 10 February, Domestic benchmark indices S&P BSE Sensex slumped by 548.39 points or 0.70%, and settled at 77,311.80 while the Nifty50 traded 0.76% lower by 178.35 points, settling at 23,381.60.

Here are some stocks that are likely to remain in focus on 11 February.

Quarterly Results Today: Birlasoft, Berger Paints, Vodafone Idea, Lupin, and AstraZeneca Pharma are some of the prominent companies set to announce their quarterly earnings for October-December.

Reliance Industries: The company has announced plans to acquire a 49% stake in London-based Oval Invincibles through its subsidiary for an undisclosed amount.

ONGC: Oil and Natural Gas Corporation (ONGC) has announced signing an agreement with Bharat Petroleum to explore collaboration in exploration and production, trading and other energy vectors, in India and internationally.

Patanjali Foods: In its quarterly earnings for October-December, the company reported a 71% year-on-year (YoY) increase in net profit to Rs 371 crore compared to Rs 217 crore reported in the same quarter last year.

Nykaa: For the quarter ended 31 December, the company reported a 51.3% YoY increase in net profit to Rs 26.41 crore against Rs 17.45 crore reported in the same quarter last year. On the sequential basis, the net profit shot up by 103.6% from Rs 12.97 crore reported in Q2FY25.

Reliance Capital: IndusInd International Holdings Limited has received approval from the National Company Law Tribunal to acquire the company.

Gail (India): The company has announced plans to acquire stake in a US liquefied natural gas plant or secure a long-term US LNG supply deal as Trump administration has lifted restrictions on export permits for new projects.

Indian Hotels: The company has announced plans to invest Rs 2,500 crore for constrcuting a new Taj property in Mumbai.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

Click here to check market prediction for next trading session.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.



πŸ“°
News
πŸ“ˆ
Prediction
πŸ“Š
FII / DII
πŸ‘”
Advisory
Get 1-2 Index Option Trades Daily