Indian Stock Market: Stocks to Watch Today
The Indian stock market is expected to be volatile today, with several major companies announcing their Q2 results. The Sensex and Nifty are expected to be influenced by the outcome of these results. In this article, we will discuss the key stocks to watch today, including ITC, Swiggy, Dabur, Bandhan Bank, DLF, and NTPC.
ITC Q2 Results
ITC Ltd. has announced its Q2 results, with a revenue of Rs 18,021 crore, down 3.4% from the same period last year. The company’s Ebitda increased by 2.1% to Rs 6,252 crore, while its net profit rose by 2% to Rs 5,180 crore. ITC’s stock price is expected to be influenced by these results.
Swiggy Funding Plans
Swiggy Ltd. is planning to raise up to Rs 10,000 crore through a QIP or other fundraising routes on November 7. This move is expected to have a significant impact on the company’s stock price.
Dabur Q2 Results
Dabur India Ltd. has announced its Q2 results, with a revenue of Rs 3,191 crore, up 5.4% from the same period last year. The company’s Ebitda increased by 6.4% to Rs 588 crore, while its net profit rose by 6.5% to Rs 453 crore. Dabur’s stock price is expected to be influenced by these results.
Bandhan Bank Q2 Results
Bandhan Bank Ltd. has announced its Q2 results, with a net interest income (NII) of Rs 2,589 crore, down 11.8% from the same period last year. The company’s net profit decreased by 88.1% to Rs 112 crore. Bandhan Bank’s stock price is expected to be influenced by these results.
DLF Q2 Results
DLF Ltd. has announced its Q2 results, with a revenue of Rs 1,643 crore, down 16.8% from the same period last year. The company’s Ebitda decreased by 43.5% to Rs 284 crore, while its net profit decreased by 14.6% to Rs 1,180 crore. DLF’s stock price is expected to be influenced by these results.
NTPC Q2 Results
NTPC Ltd. has announced its Q2 results, with a revenue of Rs 44,786 crore, up 0.2% from the same period last year. The company’s Ebitda increased by 10% to Rs 12,816 crore, while its net profit decreased by 3.9% to Rs 5,067 crore. NTPC’s stock price is expected to be influenced by these results.
Other Stocks to Watch
Other stocks to watch today include Tata Consultancy Services, Hindustan Unilever, Pidilite Industries, and Vedanta. These companies have announced significant developments that are expected to impact their stock prices.
Conclusion
In conclusion, the Indian stock market is expected to be volatile today, with several major companies announcing their Q2 results. The stocks to watch today include ITC, Swiggy, Dabur, Bandhan Bank, DLF, and NTPC. Investors should keep a close eye on these stocks and be prepared for any potential fluctuations in the market. For more information on the Indian stock market and stock market news, please visit our website.