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SUMMARY
Stocks to watch, Coal India, Bank of Baroda, Maruti Suzuki, Adani Power, Tata Steel and more, these are the stocks to watch for today.
1 / 5Coal India | State-owned company reported a net profit of ₹10,943.5 crore for the first quarter that ended June 30, 2024. The company’s revenue from operations stood at ₹36,464.6 crore. At the operating level, EBITDA was 5.6% in the first quarter of this fiscal. EBITDA margin stood at 39.3% in the reporting quarter.
2 / 5Bank of Baroda | State-owned bank reported a 9.5% year-on-year rise in net profit at ₹4,458.2 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, it posted a net profit of ₹4,070 crore. The CNBC-TV18 poll had predicted a profit of ₹4,516.9 crore for the quarter under review.
3 / 5Maruti Suzuki | The company reported a 47% jump in net profit to ₹3,650 crore for the June quarter, riding on the back of cost reduction efforts, favourable commodity prices and foreign exchange gains. The auto major had logged a net profit of Rs 2,485 crore in April-June FY24. Net sales increased to ₹33,875 crore in the June quarter as compared with ₹30,845 crore in the year-ago period.
4 / 5Adani Power | The company reported over 55% dip in its consolidated net profit to ₹3,913 crore in the June quarter compared to the year-ago period. The net profit of the company was ₹8,759 crore in the quarter ended on June 30, 2023. Total income declined to ₹15,474 crore in the April-June quarter of 2024-25 from ₹18,109 crore in the same quarter of the last year.
5 / 5Tata Steel | The Tata Group company reported a profit of ₹918.6 crore, a 75% rise from the first quarter of the previous fiscal. However, this was below the CNBC-TV18 poll of ₹950 crore. The revenue on the other hand slid 7.9% year-on-year to ₹54,771.4 crore.
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