Stocks To Watch: Titan, Britannia, Oil India, Eicher Motors, Marico, RailTel, Adani Ent, And Others

Stocks To Watch On Tuesday, February 10: Markets extended their gains on Monday, closing firmly in the green, buoyed by positive global cues and optimism surrounding an interim India–US trade framework. Analysts believe the recent momentum indicates a likely retest of the 26,000 mark on the Nifty in the near term. A decisive breakout above this level could pave the way for a fresh record high.

Titan, Grasim Industries, Eicher Motors, Apollo Hospitals Enterprise, Britannia Industries, Oil India
Shares of Titan, Grasim Industries, Eicher Motors, Apollo Hospitals Enterprise, Britannia Industries and Oil India will be in focus as these companies are scheduled to announce their Q3 results today.

BSE BSE reported a 174% jump in consolidated net profit

for the December quarter at Rs 602 crore, compared with Rs 220 crore in the same period last year.

Marico
Marico said its wholly owned subsidiary, Marico South East Asia Corporation, has signed definitive agreements to acquire a 75% stake in Vietnam-based beauty and personal care company Skinetiq for Rs 262 crore.

Aurobindo Pharma
The company posted a net profit of Rs 909.8 crore for Q3, marking a 7.5% year-on-year rise from Rs 846 crore. The figure includes a one-time expense of Rs 65 crore related to changes in the labour code.

Adani Enterprises
The company’s Rights Issue Committee has fixed February 13 as the record date to determine eligible holders of partly paid-up equity shares who will receive the second and final call notice for payment of Rs 450 per rights equity share.

Navin Fluorine International
Navin Fluorine International reported strong year-on-year growth in its third-quarter net profit, which rose to Rs 185.4 crore from Rs 83.6 crore in the year-ago period.

Bata India
Bata India posted a 12.6% increase in profit at Rs 66.1 crore, compared with Rs 58.7 crore in the corresponding quarter last year. Revenue rose 2.8% year-on-year to Rs 944.7 crore from Rs 918.8 crore.

RailTel Corporation of India
RailTel has received a Letter of Acceptance (LoA) from West Central Railway for a project worth Rs 454.94 crore.

Garden Reach Shipbuilders & Engineers
Garden Reach Shipbuilders & Engineers has signed a memorandum of understanding with Hindustan Shipyard to form a consortium aimed at jointly pursuing a major and strategically significant national shipbuilding project.

Gravita India
Gravita India has entered into a binding term sheet to acquire up to a 100% equity stake in Rasthriya Metal Industries through a share purchase agreement valued at Rs 565 crore.