Stocks To Watch: NTPC, Shriram Properties, Torrent Pharma, Rites And More

NTPC Ltd., Shriram Properties Ltd., Torrent Pharmaceuticals Ltd., Rites Ltd., Colgate Palmolive India Ltd. and Linc Ltd. are the stocks to watch before going into trade on Wednesday.

The markets are set to react to the financial results of firms, including GlaxoSmithKline Pharmaceuticals Ltd., Voltas Ltd., Prestige Estates Projects Ltd., Welspun Enterprises Ltd., Kaynes Technology India Ltd., Marico Ltd., Force Motors Ltd., Allied Blenders and Distillers Ltd., Hitachi Energy India Ltd. and Hindustan Construction Co. for the quarter ended September.

Larsen & Toubro Ltd., Tata Power Ltd., the New India Assurance Co., Aditya Birla Capital Ltd., Procter & Gamble Hygiene & Health Care Ltd, Biocon Ltd., Dabur India Ltd., DCM Shriram Ltd., Electrosteel Castings Ltd., Grindwell Norton Ltd., Indraprastha Medical Corp. and IRB Infrastructure Developers Ltd. are some of the firms that will release their financial results for the second quarter, which may impact market sentiment.

• NTPC: The company’s 32.9 MW capacity at NTPC Green's Bikaner project to be commercially operationalised, effective Oct. 31.

• Shriram Properties: The company signed a joint development agreement for a 6-acre land parcel in Pune. The project has revenue potential of around Rs 700-750 crore.

• Rites: The company signed a MoU with SAIL-Bokaro Steel Plant for consultancy works.

• Torrent Pharmaceuticals: As per the terms viewed by Bloomberg, holders offer up to 83 lakh shares in block deal at Rs 3,022.71 each, which is at a 6% discount. Holder seeks to raise up to $297 million via block deal.

• Linc: The company announced splitting each share into 2 and bonus issue in the ratio of 1:1.

• 360 One WAM: The company raised 2,250 crore from its QIP, allotted 2.22 crore shares at Rs 1,013 per share.

GlaxoSmithKline Pharmaceuticals FY25 (Consolidated, YoY)

• Revenue up 5.53% at Rs 1010 crore versus Rs 957 crore (Bloomberg estimate Rs 1,033 crore)

• Ebitda up 11% at Rs 321.27 crore versus Rs 289.43 crore (Bloomberg estimate Rs 325 crore)

• Ebitda margin up 156 bps at 31.8% versus 30.24% (Bloomberg estimate 31.5%)

• Net profit up 15.59% at Rs 252 crore versus Rs 218 crore (Bloomberg estimate Rs 243 crore)

Voltas Q2 FY25 (Consolidated, YoY)

• Revenue up 14.26% at Rs 2619 crore versus Rs 2292 crore (Bloomberg estimate Rs 2,664 crore)

• Ebitda up 131.42% at Rs 162 crore versus Rs 70 crore (Bloomberg estimate Rs 163 crore)

• Ebitda margin up 313 bps at 6.18% versus 3.05% (Bloomberg estimate 6.1%)

• Net profit up 269.44% at Rs 133 crore versus Rs 36 crore (Bloomberg estimate Rs 137 crore)

Prestige Estates Projects Q2 FY25 (Consolidated, YoY)

• Revenue up 3.04% at Rs 2304 crore versus Rs 2236 crore (Bloomberg estimates Rs 2,386 crore)

• Ebitda up 6.23% at Rs 630 crore versus Rs 593 crore (Bloomberg estimates Rs 708 crore)

• Ebitda margin up 82 bps at 27.34% versus 26.52% (Bloomberg estimates 29.7%)

• Net profit down 74.17% at Rs 235 crore versus Rs 910 crore (Bloomberg estimates Rs 139 crore)

• Recognised deferred tax impact Rs 106 crore in current quarter due of removal of indexation benefit on capital gains.

GHCL Q2 FY25 (Consolidated, YoY)

• Revenue down 1.62% at Rs 793 crore versus Rs 806 crore

• Ebitda down 1.4% at Rs 211 crore versus Rs 214 crore

• Ebitda margin up 5 bps at 26.6% versus 26.55%

• Net profit up 8.39% at Rs 155 crore versus Rs 143 crore

Welspun Enterprises Q2 FY25 (Consolidated, YoY)

• Revenue up 22% at Rs 789 crore versus Rs 646 crore

• Ebitda 22% at Rs 100 crore versus Rs 83 crore

• Ebitda margin at 12.7% versus 12.8%

• Net profit down 11% at Rs 62 crore versus Rs 69 crore

• Loss of Rs 12 crore versus loss of Rs 3 crore (YoY) from discontinued operations

Kaynes Technology India Q2 FY25 (Consolidated, YoY)

• Revenue up 58.44% at Rs 572 crore versus Rs 361 crore (Bloomberg estimate Rs 594 crore)

• Ebitda up 66.86% at Rs 82.6 crore versus Rs 49.5 crore (Bloomberg estimate Rs 83 crore)

• Ebitda margin up 72 bps at 14.44% versus 13.71% (Bloomberg estimate 14%)

• Net profit up 87.5% at Rs 60 crore versus Rs 32 crore (Bloomberg estimate Rs 60 crore)

Honeywell Automation Q2 FY25 (YoY)

• Revenue down 7.25% at Rs 1024 crore versus Rs 1104 crore (Bloomberg estimate Rs 1194 crore)

• Ebitda down 7.06% at Rs 129 crore versus Rs 139 crore (Bloomberg estimate Rs 189 crore)

• Ebitda margin up 2 bps at 12.58% versus 12.56% (Bloomberg estimate Rs 15.8%)

• Net profit down 5.73% at Rs 115 crore versus Rs 122 crore (Bloomberg estimate Rs 161 crore)

TD Power Systems Q2 FY25 (Consolidated, YoY)

• Revenue up 12.08% at Rs 306 crore versus Rs 273 crore

• Ebitda up 19.38% at Rs 55 crore versus Rs 46.07 crore

• Ebitda margin up 109 bps at 17.97% versus 16.87%

• Net profit up 24.24% at Rs 41 crore versus Rs 33 crore

Marico Q2 FY25 (Consolidated, YoY)

• Revenue up 7.59% at Rs 2664 crore versus Rs 2476 crore (Bloomberg estimate Rs 2,684 crore)

• Ebitda up 5.03% at Rs 522 crore versus Rs 497 crore (Bloomberg estimate Rs 530 crore)

• Ebitda margin down 47 bps at 19.59% versus 20.07% (Bloomberg estimate 19.7%)

• Net profit up 20.27% at Rs 433 crore versus Rs 360 crore (Bloomberg estimate Rs 389 crore)

Container Corp Q2 FY25 (Consolidated, YoY)

• Revenue up 4.23% at Rs 2288 crore versus Rs 2195 crore

• Ebitda up 6.59% at Rs 582 crore versus Rs 546 crore

• Ebitda margin up 56 bps at 25.43% versus 24.87%

• Net profit down 0.54% at Rs 366 crore versus Rs 368 crore

Sheela Foam Q2 FY25 (Consolidated, YoY)

• Revenue up 32.62% at Rs 813 crore versus Rs 613 crore

• Ebitda up 2.98% at Rs 69 crore versus Rs 67 crore

• Ebitda margin down 244 bps at 8.48% versus 10.92%

• Net profit down 79.54% at Rs 9 crore versus Rs 44 crore

MTAR Technologies Q2 FY25 (Consolidated, YoY)

• Revenue up 13.77% at Rs 190 crore versus Rs 167 crore (Bloomberg estimate Rs 197 crore)

• Ebitda up 1.93% at Rs 36.8 crore versus Rs 36.1 crore (Bloomberg estimate Rs 43 crore)

• Ebitda margin down 224 bps at 19.36% versus 21.61% (Bloomberg estimate 21.6%)

• Net profit up 25% at Rs 6.5 crore versus Rs 5.2 crore (Bloomberg estimate Rs 23 crore)

Force Motors (Consolidated, YoY)

• Revenue up 7.71% at Rs 1941 crore versus Rs 1802 crore

• Ebitda up 24.96% at Rs 282.43 crore versus Rs 226 crore

• Ebitda margin up 200 bps at 14.55% versus 12.54%

• Net profit down 85.62% at Rs 135 crore versus Rs 939 crore

Allied Blenders Q2 FY25 (Consolidated, YoY)

• Revenue up 1.99% at Rs 868 crore versus Rs 851 crore

• Ebitda up 45.07% at Rs 103 crore versus Rs 71 crore

• Ebitda margin up 352 bps at 11.86% versus 8.34%

• Net profit up 318.87% at Rs 47.5 crore versus Rs 11.34 crore

Godrej Agrovet Q2 FY25 (Consolidated, YoY)

• Revenue down 4.8% to Rs 2,449 crore versus Rs 2,571 crore. (Bloomberg estimates Rs 2,575 crore)

• Ebitda up 11% to Rs 223.35 crore versus Rs 201.44 crore. (Bloomberg estimates Rs 219 crore)

• Margin at 9.1% versus 7.8%. (Bloomberg estimates 8.5%)

• Net profit down 8% to Rs 96 crore versus Rs 104 crore. (Bloomberg estimates Rs 124 crore)

Hitachi Energy India Q2 FY25 (YoY)

• Revenue up 26.5% to Rs 1,554 crore versus Rs 1,228 crore.

• Ebitda up 68% to Rs 110 crore versus Rs 65 crore.

• Margin at 7.1% versus 5.3%.

• Net profit up 111% to Rs 52 crore versus Rs 25 crore.

Websol Energy System Q2 FY25 (YoY)

• Revenue at Rs 144 crore versus Rs 30 lakh.

• Ebitda at Rs 63 crore versus Ebitda loss of Rs 0.8 crore.

• Ebitda margin at 43.7%.

• Net profit at Rs 42 crore versus loss of Rs 4 crore.

HCC Q2 FY25 (Consolidated, YoY)

• Revenue down 23.2% at Rs 1407 crore versus Rs 1832 crore

• Ebitda down 4.72% at Rs 242 crore versus Rs 254 crore

• Ebitda margin up 333 bps at 17.19% versus 13.86%

• Net profit up 900% at Rs 64 crore versus Rs 6.4 crore

Motisons Jewellers Q2 FY25 (YoY

• Revenue up 21.11% at Rs 109 crore versus Rs 90 crore

• Ebitda up 30.59% at Rs 17.5 crore versus Rs 13.4 crore

• Ebitda margin up 116 bps at 16.05% versus 14.88%

• Net profit up 100% at Rs 10 crore versus Rs 5 crore

Laxmi Organic Industries Q2 FY25 (Consolidated, YoY)

• Revenue up 18.2% at Rs 771 crore versus Rs 652 crore (Bloomberg estimate Rs 727 crore)

• Ebitda up 91.8% at Rs 74.6 crore versus Rs 38.9 crore (Bloomberg estimate Rs 72 crore)

• Margin at 9.7% versus 5.9% (Bloomberg estimate 9.9%)

• Net profit at Rs 28 crore versus Rs 10.7 crore (Bloomberg estimate Rs 36 crore)

Star Health & Allied Insurance Co Q2 FY25 (YoY)

• Net premium up 16% at Rs 3,704 crore versus Rs 3,206 crore

• Net profit down 11% at Rs 111 crore versus Rs 125 crore (Bloomberg estimate Rs 174 crore)

Redington Q2 FY25 (Consolidated, YoY)

• Revenue up 12.03% at Rs 24895 crore versus Rs 22220 crore (Bloomberg estimate Rs 23,044 crore)

• Ebitda down 4.97% at Rs 458 crore versus Rs 482 crore (Bloomberg estimates Rs 430 crore)

• Ebitda margin down 32 bps at 1.83% versus 2.16% (Bloomberg estimates 1.9%)

• Net profit down 9.29% at Rs 283 crore versus Rs 312 crore (Bloomberg estimates Rs 260 crore)

eMudhra Q2 FY25 (Consolidated, QoQ)

• Revenue up 53.26% at Rs 141 crore versus Rs 92 crore (Bloomberg estimates Rs 108 crore)

• Ebitda up 25.47% at Rs 26.6 crore versus Rs 21.2 crore (Bloomberg estimates Rs 29 crore)

• Ebitda margin down 417 bps at 18.86% versus 23.04% (Bloomberg estimates 16.4%)

• Net profit up 22.22% at Rs 22 crore versus Rs 18 crore (Bloomberg estimates Rs 25 crore)

ASK Automotive Q2 FY25 (Consolidated, YoY)

• Revenue up 23% at Rs 974 crore versus Rs 794 crore

• Ebitda up 57% at Rs 117 crore versus Rs 74 crore

• Ebitda margin at 12% vs 9.4%

• Net profit up 63% at Rs 67 crore versus Rs 41 crore

Updater Services (Consolidated, QoQ)

• Revenue up 4.29% at Rs 680 crore versus Rs 652 crore (Bloomberg estimate Rs 695 crore)

• Ebitda up 8.59% at Rs 44.2 crore versus Rs 40.7 crore (Bloomberg estimate Rs 44 crore)

• Ebitda margin up 25 bps at 6.5% versus 6.24% (Bloomberg estimate 6.3%)

• Net profit up 9.37% at Rs 28 crore versus Rs 25.6 crore (Bloomberg estimate Rs 26 crore)

Capri Global (Standalone, YoY)

• Total income up 25% at Rs 558 crore versus Rs 445 crore

• Net profit up 81% at Rs 863 crore versus Rs 477 crore

Share India (Consolidated, YoY)

• Total income up 21% at Rs 838 crore versus Rs 693 crore

• Net profit down 10.8% at Rs 61.6 crore versus Rs 69 crore

Larsen & Toubro Ltd., Tata Power Ltd., the New India Assurance Co.., Aditya Birla Capital Ltd., Procter & Gamble Hygiene & Health Care Ltd., Biocon Ltd., Dabur India Ltd., DCM Shriram Ltd., Electrosteel Castings Ltd., Grindwell Norton Ltd., Indraprastha Medical Corp., IRB Infrastructure Developers Ltd., Shalby Ltd., Sterlite Technologies Ltd., TCI Express Ltd., TTK Prestige Ltd., and Vardhman Textiles Ltd., are some of the prominent firms that will announce their results on Wednesday for the second quarter of the current financial year.

The NSE Nifty 50 and the BSE Sensex indices extended their recovery for a second consecutive session as bank stocks led the gains but shares of automobile companies capped the upside.

During the five-session fall before these two sessions of gains, Nifty had fallen 2.7% and Sensex lost 2.2%.

The Nifty 50 settled 0.52% or 127.7 points higher at 24,466.85, whereas the BSE Sensex gained 0.45% or 363.99 points to close at 80,369.03. Intraday on Tuesday, Nifty fell as much as 0.8% and Sensex fell as much as 0.7%.

Along with domestic quarterly earnings, the market participants will now take cues from earnings of big tech companies in the US, US election outcome, as well as a slew of economic data to be released later this week.